Värde Partners announced that it exceeded its $2 billion target in its 13th flagship vehicle, Värde Fund XIII, with $2.47 billion in commitments.
The new fund has the flexibility to invest in a range of credit and credit-related assets globally across liquid traded credit, special situations, real estate and financial services. Värde officials expect the opportunity set to be driven by systemic distress factors, including where financial systems retain high levels of non-performing loans, and cyclical opportunities associated with industry or economic downturns.
“Over the past 26 years we . . .
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