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 that they have reached a definitive agreement to sell Fairstone Financial Holdings Inc. (“Fairstone” or “the Company”) to Duo…

MUMBAI – Värde Partners, a leading global alternative investment firm, today announced the acquisition of Lodha Excelus, New Cuffe Parade (”LNCP”) from the Lodha Group. LNCP is a Grade A multi-tenant office building in Mumbai’s business district. “Prime Indian office assets benefit from strong fundamentals including rising rents, falling vacancies and favorable supply-demand dynamics,” said…

MILAN – Värde Partners, a leading global alternative investment firm, today announced that on 31 December, 2019, it entered into a definitive agreement to sell a portfolio of eight luxury hotels operating under The Dedica Anthology brand (“Dedica”) to Covivio, a European real estate operator, through its subsidiary Covivio Hotels. The portfolio comprises eight luxury full…

Fund Seeks Opportunistic Investments in Credit and Assets Globally MINNEAPOLIS, NEW YORK, LONDON & SINGAPORE – Värde Partners, a leading global alternative investment firm, today announced it has raised its 13th flagship vehicle, Värde Fund XIII (“the Fund”), with $2.47 billion in commitments. The Fund exceeded its $2 billion target and will have the flexibility to…

Elena Lieskovska, Partner and Head of European Financial Services at Värde Partners, has been named in WSJ Pro Private Equity’s “Women to Watch: Top Female Deal Makers Shaping Private Equity’s Present & Future”. Read the full article here. Accolades referenced do not reflect the experiences of any Värde investor and readers should not view such information…

DENVER and HOUSTON –  Bison Oil & Gas Partners II, LLC (“Bison”) today announced the closing of a $155 million term loan facility with Värde Partners (“Värde”), a leading global alternative investment firm.  The proceeds will be used to fund Bison’s ongoing drilling program and the expansion of Bison’s rural asset base in the Denver-Julesburg Basin…

JV to utilize proprietary, best-in-class technology and a highly scalable insurance solutions platform to serve the $23 trillion life insurance industry. Targeting $500 million of investments in complex life insurance, annuity and reinsurance products. MINNEAPOLIS and NEW YORK – Värde Partners and Agam Capital announced today an agreement to pursue the acquisition, reinsurance and management…

MINNEAPOLIS – Värde Partners, today announced the closing of a commercial real estate collateralized loan obligation (CRE CLO). This is the firm’s third and largest CRE CLO, and seventh securitization of commercial real estate collateral. The asset pool consists of 24 floating-rate mortgages secured by 47 properties and has an aggregate unpaid principal balance of…

NEW YORK – Pretium and Värde Partners today confirmed the completion of their previously announced agreement for Pretium to acquire Deephaven Mortgage LLC (“Deephaven”) from Värde Partners. Founded in 2012, Deephaven is a leader in the Non-Qualified Mortgage industry. The Company partnered with Värde in 2014 to help fund its growth and expansion, and has…

CIO Ilfryn Carstairs to Join Co-Founder CEO George Hicks at Helm MINNEAPOLIS and SINGAPORE – Värde Partners, a leading global alternative investment firm, today announced that Ilfryn Carstairs will join George Hicks, Co-Founder and Chief Executive Officer, as Co-CEO, effective January 1, 2020. George co-founded Värde Partners 25 years ago and intends to transition to an…