Archive: Announcements

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…

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…

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…

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…

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”…

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…

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…

MINNEAPOLIS – Värde Partners, a leading global alternative investment firm, is proud to share that co-founders George Hicks and Marcia Page received the Ernst & Young LLP (EY) Entrepreneur Of The Year® 2020 Award in the Heartland region. George and Marcia were among ten winners selected by a panel of independent judges and honored at…

MINNEAPOLIS – Värde Partners, a leading global alternative investment firm, today shares commentary by Co-Founder and Co-CEO George G. Hicks from a recent Milken Institute panel titled “Credit Trends: Back From the Brink?” Panelists discussed the severe levels of stress in credit before the Federal Reserve (the “Fed”) stepped in, the limitations of fiscal and…

SINGAPORE – Värde Partners is pleased to share that Co-CEO and CIO Ilfryn Carstairs participated in The Milken Institute’s recent webcast titled “The Global Credit Crunch.” Ilfryn and fellow panelists, including Milken Institute Chairman Michael Milken, discussed the impact of Covid-19 on credit markets, the effectiveness of various economic stimulus measures, and the investment opportunities…