Recent News Releases



February 19, 2020

Värde Partners and J.C. Flowers Agree to Sell 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 that they have reached a definitive agreement to sell Fairstone Financial Holdings Inc. (“Fairstone” or “the Company”) to Duo Bank of Canada, a Toronto-based financial services provider supported by Stephen Smith, Centerbridge Partners L.P. and Ontario Teachers’ Pension Plan.

February 3, 2020

Värde Partners Founder on Leaving a Lasting Legacy

Alt Credit sits down with the co-CEO George Hicks of Värde Partners, for an appropriately wide ranging discussion of the credit markets, as he prepares to take a back seat after nearly a quarter century at the helm of the firm.

January 13, 2020

Värde Partners Acquires Grade A Office Building in Mumbai

MUMBAI – Värde Partners, a leading global alternative investment firm, today announced the acquisition of Lodha Excelus, New Cuffe Parade (”LNCP”) from the Lodha Group.

January 6, 2020

Värde Partners to sell luxury hotel group The Dedica Anthology

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.

December 18, 2019

Värde Partners Exceeds Target Raising Nearly $2.5 Billion in 13th Flagship Fund

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.

November 28, 2019

Elena Lieskovska Named in WSJ PRO PE’s ‘Women to Watch’

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”.