Ilfryn Carstairs

Partner, Co-Chief Executive Officer and Co-Chief Investment Officer

Ilfryn Carstairs is a Partner, Co-Chief Executive Officer and Co-Chief Investment Officer. Based in Singapore, he co-chairs the firm’s Investment Committee and leads the firm’s global business and investment strategy.

Ilfryn joined the firm in 2006 in London, where he played a key role in building Värde’s team and business in the European region. Through his career with the firm he has invested across a wide spectrum of financial assets ranging from corporate restructurings and liquidations to more actively traded opportunities. Ilfryn was named Partner in 2011 and served as Co-Head of Corporate and Traded Credit managing Värde’s liquid investing activities globally before being named Co-CIO in 2017 along with his move to Singapore. He was named Co-CEO in 2020.

Before joining Värde, Ilfryn worked for Deutsche Bank London in the Financial Sponsors Group, and Pacific Equity Partners, an Australian leveraged buyout firm.

Ilfryn received a B.C. with First Class Honours from the University of Queensland, Australia and an M.B.A. from INSEAD, France.