Recent News Releases
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 $10 billion alternative investment firm based in Minneapolis, MN.
March 15, 2015
Värde Partners, KKR and Deutsche Bank Consortium purchase GE Capital’s Consumer Finance Business in Australia and New Zealand
Värde Partners (“Värde”), a global alternative investment firm, KKR, a leading global investment firm, and Deutsche Bank have signed an agreement for the purchase of GE Capital’s Australia and New Zealand Consumer Lending Business (“the Company”) at an enterprise value of A$ 8.2 billion.
March 3, 2015
Värde Partners acquires majority stake in Canaccede Financial Group Ltd.
MINNEAPOLIS, MN AND TORONTO, ONTARIO – Värde Partners (“Värde”) and Canaccede Financial Group Ltd. (“Canaccede”) announced today that Värde has entered into a purchase agreement to acquire a 51% majority equity stake in Canaccede.
January 27, 2015
Värde and TCFC select Replay Resorts as master developer for Canyons
MINNEAPOLIS, MN AND PARK CITY, UT – Värde Partners (“Värde”) and Replay Resorts (“Replay”) announced today that Replay has been selected to act as the master developer for its substantial land holdings in the Canyons Resort area.