Recent News Releases
November 17, 2016
Citi Reaches Agreement to Sell CitiFinancial Canada to Investor Group Led by J.C. Flowers and Värde Partners
NEW YORK – Citi has reached a definitive agreement to sell CitiFinancial Canada, Inc. (“CitiFinancial Canada”) to an investor group led by J.C. Flowers & Co. LLC and affiliates (“J.C. Flowers”), and Värde Partners (“Värde”).
November 7, 2016
Värde Partners Hires Aneek Mamik as North American Head of Specialty Finance
MINNEAPOLIS – Värde Partners, the $12 billion global alternative investment firm, today announced that Aneek Mamik has joined the firm as North American Head of Specialty Finance. He started in September and is based in New York.
October 27, 2016
Värde Partners and Titanium Exploration Partners, LLC Announce Closing of STACK and Eagle Ford Acquisitions
MINNEAPOLIS – Värde Partners (“Värde”) and Titanium Exploration Partners, LLC (“Titanium”) today announced they have acquired oil and gas assets in the STACK play in Oklahoma (the “STACK Acquisition”) and in the Eagle Ford Shale play in Texas (the “Eagle Ford Acquisition”).
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.