Associated tags: Real estate, Financial services, Corporation, Bank, Professional Services, Intelligence, Banking, Artificial Intelligence, Finance, Ecosystem
Locations: NEW YORK, UNITED STATES, TEXAS, MINNEAPOLIS, MN, US, LONDON, SHANNON, NORTH AMERICA, EUROPE
NEW YORK and LONDON, March 04, 2024 (GLOBE NEWSWIRE) -- Värde Partners, a leading global alternative investment firm specializing in credit and credit-related assets, today announced the promotions of Shannon Gallagher and Tony Iannazzo to Partner.
Key Points:
- NEW YORK and LONDON, March 04, 2024 (GLOBE NEWSWIRE) -- Värde Partners, a leading global alternative investment firm specializing in credit and credit-related assets, today announced the promotions of Shannon Gallagher and Tony Iannazzo to Partner.
- In addition to joining the firm’s partnership, Shannon will now serve as Global Head of Business Development and Investor Relations and Tony will serve as Chief Operating Officer.
- “We are proud to announce the promotions of Shannon and Tony to our partnership, which reflect Värde's commitment to cultivating and rewarding our world-class talent,” said Brad Bauer, Co-CEO and Co-CIO of Värde Partners.
- “Shannon and Tony exemplify the values we hold dear, demonstrating a strong work ethic and excellent leadership capabilities as well as an unwavering commitment to our investors.”
“Värde's success depends on the strength of our people, and during their time at Värde, Shannon and Tony have been catalysts for growth and innovation across our firm,” added Co-CEO and Co-CIO Ilfryn Carstairs.
Retrieved on:
Tuesday, February 13, 2024
NEW YORK and LONDON, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Värde Partners, a leading global alternative investment firm specializing in credit and credit-related assets, today announced that it committed $1.3 billion across its asset-based lending and diversified private credit platform in 2023.
Key Points:
- NEW YORK and LONDON, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Värde Partners, a leading global alternative investment firm specializing in credit and credit-related assets, today announced that it committed $1.3 billion across its asset-based lending and diversified private credit platform in 2023.
- These investments facilitated approximately $9 billion of commercial and consumer loans in North America and Europe.
- In recent years, Värde has expanded its origination team and capabilities to meet the growing financing and liquidity needs.
- Diversified Private Credit: Lending against or investing in assets or contractual cash flows that are often less correlated to other financial assets, including fund finance and homebuilder finance.
BOSTON and MINNEAPOLIS, Oct. 3, 2023 /PRNewswire/ -- Freehold Capital Management, a prominent developer of master-planned communities and build-to-rent neighborhoods, and Värde Partners, a leading global alternative investment firm, announced the formation of a partnership to acquire two expansive master-planned communities: Savannah Quarters in Pooler, Georgia, and Grande Dunes in Myrtle Beach, South Carolina.
Key Points:
- Under Värde and Freehold Capital Management's ownership, Savannah Quarters and Grande Dunes will continue to actively develop new neighborhoods, with additional lots expected to be available in the near term.
- "We are excited about our partnership with Värde Partners and the acquisition of Savannah Quarters and Grande Dunes.
- We look forward to continuing to seek opportunities together and drive success in the world of master-planned communities and real estate development," Casey Tischer, Principal at Freehold Capital Management.
- Värde has 30 years of experience in U.S. residential land development and homebuilding, and we welcome the collaboration with Freehold Capital Management to expand on the vision and reputation of these desirable communities," said Brendan Bosman, Senior Managing Director at Värde Partners.
Retrieved on:
Thursday, September 28, 2023
MINNEAPOLIS and NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Värde Partners, a leading global alternative investment firm, announced it has raised nearly $1.5 billion for asset-based lending opportunities through The Värde Asset Lending Fund II and related accounts and co-investments.
Key Points:
- MINNEAPOLIS and NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Värde Partners, a leading global alternative investment firm, announced it has raised nearly $1.5 billion for asset-based lending opportunities through The Värde Asset Lending Fund II and related accounts and co-investments.
- Through its established lending platforms and relationships, Värde originates loans and provides financing solutions for consumers, businesses, and lenders.
- The firm invests in lending strategies across a range of industries, including specialty finance (auto, equipment, and personal loans), commercial real estate (CRE), and technology.
- The surge in demand for non-bank financing – an acceleration of a more than decade-long trend – underscores the need for private credit and magnifies already significant lending opportunities,” said Brad Bauer, Partner & Co-Chief Investment Officer.
Retrieved on:
Monday, September 18, 2023
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Bank Following a similar deal in May , Pagaya and Värde are partnering to provide over $100 million in capital to a multi-billion dollar credit union, in exchange for consumer credit assets that will be securitized in the PAID 2023-S2 transaction.
Key Points:
- Following a similar deal in May , Pagaya and Värde are partnering to provide over $100 million in capital to a multi-billion dollar credit union, in exchange for consumer credit assets that will be securitized in the PAID 2023-S2 transaction.
- “We’re pleased to provide asset lending solutions and bring dependable capital to an increasingly dislocated credit market.
- “We continue to quickly leverage consumer data to facilitate capital investment for depository institutions in these volatile markets,” said Paul Limanni, Chief Capital Officer at Pagaya.
- “Together with our like-minded partners at Värde, we’re able to continue to expand reach and provide attractive capital solutions to platforms and investors.”
Mercury® Financial (“Mercury”) today announced the closing of a $200 million debt facility from client funds managed by Neuberger Berman.
Key Points:
- Mercury® Financial (“Mercury”) today announced the closing of a $200 million debt facility from client funds managed by Neuberger Berman.
- Mercury will use the funds to expand its credit card business and continue its mission of providing middle-class Americans responsible financial products to improve their lives.
- “By analyzing financial data the right way, we can better assess risk and help more qualified Americans better manage their credit,” said James Peterson, Mercury Financial CEO.
- Using proprietary data, the Company’s unique business model leverages over 100 million data points to identify, underwrite and delight its customers with a prime credit card experience.
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Bank Despite current market conditions in the regional banking sector and rising interest rates, credit unions and banks continue to focus on the well-being of their members and the communities they serve.
Key Points:
- Despite current market conditions in the regional banking sector and rising interest rates, credit unions and banks continue to focus on the well-being of their members and the communities they serve.
- Tightened credit boxes and credit policies are putting more liquidity pressure on these institutions.
- Pagaya’s unique funding network and AI capabilities are well-positioned to solve this challenge by helping to stabilize the credit union’s balance sheet and provide a scalable solution to the banking ecosystem.
- “We remain laser-focused on bringing together leading U.S. and global investors and continuing to enable originators to offer consistent financial products.
