MN-VÄRDE-PARTNERS
Värde Partners, a leading global alternative investment firm, today announced that Ilfryn Carstairs will join George Hicks, Co-Founder and Chief Executive Officer, as Co-CEO, effective January 1, 2020. George co-founded Värde Partners 25 years ago and intends to transition to an Executive Chair role in 2022. Ilfryn will retain his role as Global CIO.
“Transition is a process and involves the entirety of the firm. The roles Ilfryn and I play are just part of that process whereby a new generation of leaders succeed the founders,” said George. “Ilfryn joined us 12 years into this journey and has grown as both an investor and a leader. His skills in both pursuits will enable Värde to continue delivering for our investors and will help to ensure that we maintain our strong culture long into the future.”
Ilfryn is a Partner and Co-Chief Investment Officer overseeing the global investment strategy for Värde. He co-chairs the firm’s Investment Committee. Based in Singapore since 2017, he joined the firm in 2006 in London and played a key role in building Värde’s team and business in Europe and in Asia. Prior to being named Co-Chief Investment Officer in 2017, he served as Co-Head of Corporate and Traded Credit, managing Värde's liquid investing activities globally.
Originally from Australia, Ilfryn received a B.C. with First Class Honours from the University of Queensland, Australia, and an M.B.A. from INSEAD, France.
George co-founded the firm in 1993 with Marcia Page, currently Executive Chair, and Greg McMillan (retired 2008) in the early days of the alternative investing industry. The firm has since invested more than $60 billion and has grown into a successful enterprise investing in a diverse set of strategies around the world.
About Värde Partners
Värde Partners is a $14 billion global alternative investment firm that employs a value-based approach to investing across a broad array of geographies, segments and asset types, including corporate and traded credit, real estate, mortgages, financial services, real assets and infrastructure. The firm 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. Now in its third decade, Värde employs more than 300 people globally with regional headquarters in Minneapolis, London and Singapore. www.varde.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190715005408/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CA-BINARLY23.4.2024 18:01:33 CEST | Press release
Binarly Launches Next-Generation Transparency Platform to Elevate Software Supply Chain Security
A2RL23.4.2024 17:55:33 CEST | Press release
Making History: ASPIRE to Launch Inaugural ‘Abu Dhabi Autonomous Racing League’ Redefining Future of Extreme Sport on April 27
VA-DATAXSTREAM23.4.2024 15:08:30 CEST | Press release
DataXstream Expands into Nordic Region with Successful Go Live for Martin & Servera
NY-AUTEL-ENERGY23.4.2024 15:01:29 CEST | Press release
Autel Energy’s Global ESG Launch Is A Success: Around 5,000 Trees Planted In EVergreen's Inaugural Tree Planting Initiative
TX-OURO23.4.2024 14:01:58 CEST | Press release
Ouro Partners with Bnext as Strategic Issuer for European Expansion Plans
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom