Recent News Releases
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.
November 4, 2015
Värde Partners, Deutsche Bank & KKR Consortium appoint CEO and announce “Latitude Financial Services” as the new brand for the GE Consumer Finance Business
MELBOURNE – Värde Partners, Deutsche Bank and KKR (the “Consortium”) announce that Sean Morrissey has today been appointed as the Chief Executive Officer designate of Latitude Financial Services, which will be the new name of the GE Consumer finance business in Australia and New Zealand (the “Business”).
September 9, 2015
Värde Partners acquires Trimont Real Estate Advisors
MINNEAPOLIS – Värde Partners (“Värde”), a global alternative investment firm, today announced that certain funds managed by Värde completed the acquisition of Atlanta-based real estate asset management firm Trimont Real Estate Advisors (“Trimont”).
March 23, 2015
Värde and The True Life Companies forge strategic alliance
MINNEAPOLIS, MN AND SAN RAMON, CA – In a move that dramatically increases its stature as a major supplier of lots and land to America’s top homebuilders, The True Life Companies (TTLC) has entered into a strategic alliance with Värde Partners, a $10 billion alternative investment firm based in Minneapolis, MN.