Highlights significant opportunity across segments of the U.S. housing market MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced it has provided more than $250 million of capital to purchase and fund the development of single family residential projects across three transactions in the U.S. “The U.S. housing market…
Archive: Announcements
Värde Named Best Client Service – Private Equity (Mid Cap) By The Korea Economic Daily
Värde Wins Client Service Award Värde Partners is honored to be named Best Client Service in the Private Equity (Mid Cap) asset class by The Korea Economic Daily in 2020. Winners were selected based on a survey of Korean asset owners including pensions, sovereign wealth funds, insurance companies and major banks. The Best Client Service awards went…
Värde Names New Partner and Senior Managing Directors
Chief Operating Officer Brendan Albee has been promoted to Partner. Two promotions to Senior Managing Director and appointment of new Head of Financial Services, North America. MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, is pleased to announce that Brendan Albee has been promoted to Partner. “Over the past six…
Värde Partners and J.C. Flowers Complete Sale of Fairstone Financial Holdings Inc. to Duo Bank of Canada
NEW YORK – An investor group led by J.C. Flowers & Co. LLC, a leading private investment firm specializing in the financial services industry, and Värde Partners, Inc., a leading global alternative investment firm, today announced the completion of its previously announced sale of Fairstone Financial Holdings Inc. (“Fairstone” or “the Company”) to Duo Bank…
Värde Partners Funds Bridge Loan for Coral Gables Class A Office Complex
MINNEAPOLIS – Värde Partners, a leading global alternative investment firm, today announced the closing of a refinancing loan for Columbus Center, a 263,000 square foot office and retail complex in Coral Gables, Florida. The loan was provided to USAA Real Estate, which has owned the asset for three decades. Patrinely Group, the original developer of…
Värde Partners Co-CEO and CIO, Ilfryn Carstairs, Speaks at Milken Asia Summit
SINGAPORE – Värde Partners, a leading global alternative investment firm, today shares commentary by Co-CEO and CIO Ilfryn Carstairs from the recent Milken Institute Asia Summit. Joining the Summit in person from Singapore, Ilfryn discussed the state of Global Capital Markets, with other panelists appearing via video conference and even hologram. Reflecting on the profound changes…
Värde Partners Raises More Than $2.6 Billion Targeting Dislocation Opportunities
MINNEAPOLIS, NEW YORK, LONDON & SINGAPORE – Värde Partners, a leading global alternative investment firm, today announced the final close of The Värde Dislocation Fund (the “Fund”) with more than $1.6 billion of commitments, exceeding its $1 billion target in five months of fundraising. The Fund will look to invest in opportunities presented by the…
Värde Partners Co-CEOs Speak at Milken Global Conference
MINNEAPOLIS and SINGAPORE – Värde Partners, a leading global alternative investment firm, today shares commentary by Co-Founder and Co-CEO George Hicks and Co-CEO and CIO Ilfryn Carstairs from the recent Milken Institute Global Conference. The conference was held virtually and centered on the theme “Meeting the Moment.” George joined the “Common Sense in Uncommon Times”…
Marcia Page Named in List of Top Minnesota Business Leaders
Värde is pleased to share that Marcia Page, Co-Founder and Executive Chair, was named in Minnesota Monthly’s 2020 Minnesota 500 list of the state’s most powerful business leaders. The full list is available for purchase here. Accolades referenced do not reflect the experiences of any Värde investor and readers should not view such information as representative…
Värde Partners Bolsters Global Leadership With Appointments of President and Deputy CEO
MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced the promotion of Jon Fox to the role of President and Andy Lenk to the role of Deputy CEO, effective immediately. These appointments are the latest in a series of transition steps which previously included the appointment of Ilfryn Carstairs…