Investment Strategies
Värde invests in three core segments with diverse strategies in each segment.
CORPORATE AND TRADED CREDIT
Investments in opportunistic and dislocated traded credit, as well as restructurings and liquidations in corporate, structured product, sovereign, and other credit instruments and related assets.
REAL ESTATE
Debt and equity investments related to commercial and residential real estate in public and private markets.
FINANCIAL SERVICES & DIVERSIFIED PRIVATE CREDIT
Investments across the entire capital structure in commercial finance, consumer finance, and broader businesses related to financial services including loan portfolios, as well as private credit solutions for technology, software, and other resilient businesses.
Investment Principles
Värde applies a set of core principles to opportunities across the firm’s investing platform. The process, discipline and rigor draw on the firm’s long history in the investing business.
The key tenets of Värde’s investment philosophy are:
- Market Inefficiency & Capital Gaps
- Unlock Value
- Complexity
- Flexibility
- Downside Protection
- Relative Value
Market Inefficiency & Capital Gaps
Identify investment opportunities and develop scalable themes in less efficient markets and/or where there is a favorable imbalance in the relative supply and demand for capital
Unlock Value
Focus on drivers and catalysts to unlock or create value and optimize potential exit strategies
Complexity
Seek opportunities to benefit from Värde’s established expertise and/or differentiated capabilities to unlock complexity in various forms while pricing correctly the inherent risk
Flexibility
Approach investing with flexible capital that allows Värde to operate across private and public assets and securities as well as secondary and primary markets
Downside Protection
Seek to invest at a price that allows Värde to increase value while maintaining a strong focus on discount to fundamental value
Relative Value
Assess risk/reward holistically, searching not only for the best value in any market, but also in comparison with the opportunity set across the global Värde platform
Institutional Operating Model
Värde’s institutional operating model supports its investing activities around the world by aligning key business functions and teams.
Värde Investors
Värde provides investment services to a wide array of investors from around the globe.