MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that it has closed on a newly originated $20.25 million loan secured by an apartment complex in Charlotte, North Carolina. The loan provides capital to acquire and renovate apartment units as leases naturally turn over with the…
Archive: Announcements
Värde Partners Names New Partners – Brian C. Schmidt and Jon A. Fox are now Partners in the firm
MINNEAPOLIS and LONDON – Värde Partners, the $12 billion global alternative investment firm, has named two new Partners. Brian C. Schmidt, Head of the Värde Mortgage Business and Jon A. Fox, Global Head of Business Development and Investor Relations have both been elected to Partnership. They join eleven other partners located around the globe. “We’re…
Värde Partners Closes on Sale of NewDay
LONDON – Värde Partners, the $12 billion global alternative investment firm, today closed on the sale of NewDay, a provider of consumer credit in the U.K., to funds managed and/or advised by private equity firms Cinven and CVC Capital Partners. The sale was announced in October 2016. Värde acquired NewDay (formerly SAV Credit Ltd.) in…
Värde Partners Closes Commercial Real Estate Loan in Kansas City
MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that it has closed on a newly originated $32.5 million loan secured by an office tower in Kansas City, Missouri. The loan provides capital to support recent leasing activity, which should effectively position the 60% occupied property…
Värde Partners Closes Newly Originated Commercial Real Estate Loan
MINNEAPOLIS – Värde Partners has closed a newly originated commercial real estate loan, highlighting the firm’s continued focus on providing tailored financing solutions in the real estate sector.
Citi Reaches Agreement to Sell CitiFinancial Canada to Investor Group Led by J.C. Flowers and Värde Partners
NEW YORK – Citi has agreed to sell CitiFinancial Canada to an investor group led by J.C. Flowers and Värde Partners, marking a strategic move in the financial services sector.
Värde Partners Hires Aneek Mamik as North American Head of Specialty Finance
MINNEAPOLIS – Värde Partners has appointed Aneek Mamik as the North American Head of Specialty Finance, bringing his extensive experience to lead the firm’s efforts in expanding its specialty finance business.
Värde Partners and Titanium Exploration Partners, LLC Announce Closing of STACK and Eagle Ford Acquisitions
MINNEAPOLIS – Värde Partners and Titanium Exploration Partners have closed acquisitions in the STACK and Eagle Ford regions, enhancing their strategic energy investments in these key U.S. oil and gas areas.
Värde Partners Sells NewDay; Private Equity Firms Cinven and CVC Capital Partners to Acquire Leading Provider of Consumer Credit in the U.K.
LONDON – Värde Partners has agreed to sell NewDay, a leading U.K. consumer credit provider, to private equity firms Cinven and CVC Capital Partners, marking a significant transaction in the financial services sector.
Värde Partners Announces New Chief Investment Officers
MINNEAPOLIS – Värde Partners, the $11 billion global alternative investment firm, today announced the appointment of Ilfryn Carstairs and Jeremy Hedberg to the roles of joint Chief Investment Officers along with current CIO George Hicks, who is also the firm’s CEO. The move reflects another milestone in Värde’s long-term succession plan to support the firm’s…