Archive: Announcements

HOUSTON – Värde Partners, the global alternative investment firm, today announced the opening of a new office in Houston, Texas. The office will be led by Markus Specks, Managing Director who joined Värde in 2008 and leads the firm’s energy business. Värde’s presence in Houston reinforces the firm’s commitment to the energy sector and further…

SINGAPORE – Värde Partners, the US $12 billion global alternative investment firm, and Indies Capital Partners, an Indonesia-focused asset manager, today announced a strategic alliance including the creation of an Investment Platform. The new platform aims to invest in private debt opportunities across industries in Indonesia. “We believe that there is a compelling opportunity to…

NEW YORK – Värde Partners, the $12 billion global investment firm, was named Hybrid Hedge Fund Manager of the Year by Institutional Investor. Värde was selected from a field of five firms. The award is based on a number of criteria including risk management, investment discipline and selection, portfolio management, performance track record, stability of investment…

MINNEAPOLIS – Värde Partners, the $12 billion global investment firm, announced today that it has recently closed commercial mortgage originations in five states across the U.S. The aggregate amount of the loans exceeds $93 million. “We are pleased with the interest in the marketplace for our commercial mortgage products,” said Brian Schmidt, Partner and Head…

MADRID – Värde Partners, the $12 billion global investment firm, will sell 51% of Aliseda to Banco Popular, now under the control of Santander, pursuant to a call option structured by Värde and exercised by Banco Popular.  The enterprise value of the company implied by the option price is in excess of €600 million. The transaction…

Berkshire Hathaway’s Clayton Properties Group buys Colorado’s Largest Private Homebuilder MINNEAPOLIS – Värde Partners, along with its minority partner Mountain Real Estate Capital (“MREC”), sold Oakwood Homes to Clayton Properties Group, a division of Clayton Homes, a Berkshire Hathaway company. The deal closed on July 3; terms were not disclosed. Värde and MREC invested in Oakwood Homes in…

NAGOYA, JAPAN – Värde Partners, the $12 billion global alternative investment firm, today closed on its acquisition of the Apita Nagoya Minami retail asset located in central Nagoya. The 440,635 square foot retail facility was originally built in 1996 and is located in a well-populated area with strong access to major throughways within the City…

New South Wales and Queensland Pub Group’s leading portfolio and experienced team appealing SYDNEY – Värde Partners and York Capital Management today agreed to sell Redcape Hotel Group to Moelis Australia for $677 million. Redcape is one of Australia’s largest operator of hotels, with 25 properties in New South Wales and Queensland. The deal is…

CHARLOTTE – Deephaven Mortgage, the premier provider of private capital for Non-QM residential mortgage loans, announced today that it has surpassed the $1 billion mark in total loans purchased life-to-date. The company is owned by funds of Värde Partners. “This is a milestone event for Deephaven Mortgage,” said Matt Nichols, Founder and CEO of Deephaven.…

MINNEAPOLIS – Värde Partners, the $12 billion global alternative investment firm, today announced that it has completed the acquisition of portfolio company, CitiFinancial Canada, Inc., and has rebranded the company under the new name “Fairstone Financial Inc.” Värde Partners and J.C. Flowers & Co. LLC purchased CitiFinancial Canada in 2016 with the goal of strengthening…