Recent News Releases
October 11, 2016
Värde Partners Sells NewDay; Private Equity Firms Cinven and CVC Capital Partners to Acquire Leading Provider of Consumer Credit in the U.K.
LONDON – Värde Partners, the $11 billion global alternative investment firm, today announced the sale of NewDay, a provider of consumer credit in the U.K., to funds managed and/or advised by private equity firms Cinven and CVC Capital Partners for an undisclosed consideration.
October 3, 2016
Värde Partners Announces New Chief Investment Officers
MINNEAPOLIS – Värde Partners, the $11 billion global alternative investment firm, today announced the appointment of Ilfryn Carstairs and Jeremy Hedberg to the roles of joint Chief Investment Officers along with current CIO George Hicks, who is also the firm’s CEO.
April 28, 2016
Värde Partners and Banco Popular Partner to Purchase Barclays’ Barclaycard Business in Spain and Portugal
MADRID – Värde Partners, a leading investment firm, and Banco Popular, a leading Spanish bank, have partnered to purchase Barclays’ Barclaycard business in Spain and Portugal.
February 15, 2016
Värde Partners Sells Festival Park, Mallorca
LONDON – Värde Partners agreed to the sale of Festival Park, Mallorca’s premier outlet centre, to the VIA Outlets, a joint venture between Hammerson, APG, Meyer Bergman and Value Retail.
December 1, 2015
Värde Partners Announce New Management Structure and Geographic Expansion
MINNEAPOLIS – Värde Partners, the $10 billion global alternative asset firm, today announced senior management changes and the opening of new offices in New York, Tokyo and Sydney as part of a strategic plan to build out its global investing platform across a range of asset classes and liquidity profiles.
November 26, 2015
GE Consumer Finance business becomes Latitude Financial Services
MELBOURNE – Värde Partners, Deutsche Bank and KKR have completed the acquisition of GE Capital’s Australian and New Zealand consumer finance business, now called Latitude Financial Services.