MINNEAPOLIS and LONDON – Värde Partners, the $12 billion global alternative investment firm, has named two new Partners. Brian C. Schmidt, Head of the Värde Mortgage Business and Jon A. Fox, Global Head of Business Development and Investor Relations have both been elected to Partnership. They join eleven other partners located around the globe.

“We’re honored to extend partnership to these two impressive leaders,” said George G. Hicks, Founder, CEO and Co-CIO of Värde Partners. “They each have played instrumental roles in spearheading compelling business opportunities and each has developed and lead strong teams. We’re confident these two can help extend the success of Värde into a second quarter century,” he continued.

Brian Schmidt joined the firm in 2005 and is based in Minneapolis. He manages the firm’s mortgage investments in the commercial and residential sectors. Brian’s previous roles at Värde included leadership roles in Real Estate and Structured Products. He has served on a number of boards of portfolio companies owned by the Värde funds. Brian serves on the Board of the Association of Mortgage Investors and on the Board of Advisors for University of Wisconsin’s Graaskamp Center for Real Estate. Brian received a B.S. in Finance from the University of Minnesota’s Carlson School of Management and an M.S. from The London School of Economics and Political Science.

Jon Fox joined the firm in 2013 and is based in London. He leads the global team responsible for developing relationships with and serving investors across the Americas, Europe, the Middle East and Asia-Pacific. In addition, he leads the product development function for the firm, delivering opportunities across the firm’s platform and strategies to help investors achieve their goals. Jon received a B.A. in Political Science from the University of Colorado and an M.B.A. from Columbia Business School.

About Värde Partners
Värde Partners is a $12 billion global alternative investment adviser focused on investing capital and resources across multiple segments and markets that includes corporate assets and sovereign debt, residential mortgages, real estate, specialty finance and transportation. Värde sponsors and manages a family of private investment funds with a global investor base that includes foundations and endowments, pension plans, insurance companies, other institutional investors, and private clients.

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