Archive: Announcements

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…

MINNEAPOLIS – Värde Partners is pleased to share that CEO and Co-Founder George Hicks and Ilfryn Carstairs, Partner and Co-CIO, spoke at Milken Institute Global Conference in Los Angeles, California, on April 29, 2019. George participated in the Creating and Sustaining a Culture of Excellence panel with CEOs of other asset management firms. The wide-ranging discussion centered…

LONDON – Värde Partners, a leading global alternative investment firm, today announced the acquisition of Burgo Tower, a grade A office building located in Porto, Portugal. The multi-tenant office building was acquired, and will be managed through, a Portuguese asset management platform owned by Värde Partners. “During recent years, Porto has attracted the attention of…

NEW YORK – Pretium and Värde Partners announced that they have entered into a definitive agreement for Pretium to acquire Deephaven Mortgage LLC from Värde Partners. Founded in 2012, Deephaven is a leader in the Non-Qualified Mortgage industry. The company partnered with Värde in 2014 to fund its growth and expansion and, over the past…

LONDON – Equiom has announced its partnership with leading global alternative investment firm Värde Partners. Värde has invested in Equiom as a long-term equity partner to help fund future expansion in line with the company’s growth strategy. Värde joins Equiom’s longstanding equity partner LDC, which has supported Equiom’s growth since investing in the business in…

MILAN – Värde Partners, a leading global alternative investment firm, announced today its investment in Borio Mangiarotti S.p.A., a Milan-based construction and real estate development company that has been active in Italy for nearly 100 years. Värde Partners will acquire a 20% stake in the Company through a capital increase. This investment serves to further…

LONDON and HONG KONG – Värde Partners, a leading global alternative investment firm, and Landbridge VLCC International (“Landbridge”), a Hong Kong-based subsidiary of Chinese industrial company Landbridge Group, today announced a sale and lease back transaction of a very large crude carrier (VLCC), arranged by Pareto Securities (“Pareto”). The vessel, Landbridge Prosperity, is a modern,…

LONDON – Masthaven, the UK specialist bank, and Värde Partners, a leading global alternative investment firm, today announced the completion of the strategic £60 million equity investment by Värde Partners in Masthaven, having previously announced the agreement in September 2018. The completion of the investment will enable the bank to deliver against its strategic ambition to…