Värde Partners unveils trio of partner promotions


Credit and distressed private equity specialist Värde Partners has made a trio of partner promotions.

Minneapolis-based Jim Dunbar leads Värde’s commercial real estate lending platform, originated $2.7bn in loans in the past year. He joined Värde in 2010 from Macquarie, where he was a senior vice president in the company’s real estate business in Chicago.

Aneek Mamik joined the firm’s New York office in 2016, and is now global co-head of financial services overseeing credit and equity investments in consumer and commercial finance and other sectors.

Prior to joining Värde he was head of M&A at GE Capital headquarters and held various roles at GE Capital for over 15 years, beginning in Australia.

Carlos Sanz Esteve, based in London, leads Värde’s European corporate and traded credit strategy.

He joined Värde in 2011 and has been critical in driving Värde’s research and investing across high yield bonds, leveraged loans and distressed securities in Europe, the firm said.

Prior to joining Värde he was an analyst in M&A at Deutsche Bank.

Ilfryn Carstairs, CEO and co-CIO of Värde Partners, said, “These three investment leaders each embody the culture of Värde and I am proud to welcome them into the partnership.

“Collectively, they represent the global strength and depth of our platform across private and traded investments and I have full confidence they will continue to drive forward the success of our business.”

Värde currently manages about $14bn, investing across corporate and traded credit, real estate and mortgages, private equity and direct lending.

Värde completed its largest ever private equity fundraise in 2019 by pulling in $2.47bn of commitments for its 13th flagship investment vehicle.

In late 2020 the firm raced to a target-busting $1.6bn final close for The Värde Dislocation Fund in just five months, easily beating its $1bn goal in the process.

Last month Värde has sold a 38% stake in Spanish real estate business La Finca Global Assets to majority owner Grupo La Finca.

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