Värde Partners has promoted Deputy Chief Investment Officers (CIOs) Brad Bauer and Giuseppe Naglieri to join Ilfryn Carstairs as Co-CIOs.
Bauer and Naglieri will share oversight of Värde’s global investment activity with Ilfryn, who is also Co-CEO.
“This is important recognition of the strong leadership that Brad and Giuseppe are already providing alongside me in the CIO function,” says Ilfryn. “Together with Jon Fox as President and Andy Lenk as Deputy CEO, this group represents a cohesive and experienced global leadership team for the firm.”
Based in London, Bauer joined Värde in 2007, was named partner in 2013, and was promoted to Deputy CIO in 2019. Also based in London, Naglieri joined the firm in 2009, was named partner in 2016, and was promoted to Deputy CIO in 2018.