Archive: Announcements

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…

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…