Mark Schein joins Värde Partners as Global Chief Compliance Officer

NEW YORK – Värde Partners, a leading global alternative investment firm, today announced that Mark Schein has joined the firm as its Global Chief Compliance Officer (GCCO).

Based in New York, Mark will oversee Värde’s global compliance and audit functions. He will be replacing Katie Kloster, who has served as the firm’s GCCO since 2010 and will work with Mark to transition responsibilities through the end of September.

“Mark is a recognized leader in the industry and I’m pleased to welcome him to Värde. His deep regulatory knowledge and expertise will continue to strengthen this critical function,” said Dave Marple, Partner and General Counsel. “As the firm’s first dedicated GCCO, Katie has been instrumental in establishing a world-class compliance program at Värde that adds great value to investors. On behalf of everyone at the firm, I would like to extend our deep appreciation for her dedication over the last decade, and wish her every success in the future.”

Mark joins Värde from York Capital Management, where he served as GCCO for 15 years. Prior to that, Mark held positions at U.S. Trust Company, where he served as Director of Broker Dealer Compliance, and Schwab Capital Markets, where he served as Director of Anti-Money Laundering Compliance. Mark started his career as an Assistant District Attorney in the Bronx District Attorney’s Office before working as a Trial Counsel in the New York Stock Exchange’s Enforcement Division.

Mark received his J.D. from Vanderbilt University Law School and graduated from Williams College with a B.A. in Economics and American Studies. He is a member of the New York State Bar Association.

About Värde Partners
Värde Partners is a leading global alternative investment firm with roots in credit and distressed. Founded in 1993, the firm has invested more than $70 billion since inception and manages over $14 billion on behalf of a global investor base. The firm’s investments span corporate and traded credit, real estate and mortgages, private equity and direct lending. Värde employs more than 300 professionals across 12 offices worldwide. For more information, please visit www.varde.com.