Värde Partners, a global alternative investment firm specialising in credit and credit-related strategies, committed $1.3bn across its asset-based lending and diversified private credit platform during 2023.
The investments facilitated approximately $9bn of commercial and consumer loans in North America and Europe.
For more than 30 years, Värde has served as a credit and liquidity provider, investing across capital structures, industries, and market cycles. In recent years, Värde has expanded its origination team and capabilities to meet the growing financing and liquidity needs.
According to a press statement, in 2024, the firm will focus on loans and leases to small and midsize businesses, including business-essential equipment finance, receivables finance, inventory finance, and SME financing across industries such as technology, industrial, manufacturing, and specialty vehicles, as well as senior secured loans for prime and near-prime borrowers backed by financial assets, such as home equity, auto, and other titled vehicles.
The firm will also look to lend against or invest in assets or contractual cash flows that are often less correlated to other financial assets, including fund finance and homebuilder finance.
