Varde X

Värde Partners is an alternative investment firm that specializes in credit and credit-related assets. The company possesses extensive expertise across various markets and securities, catering to a select group of sophisticated global investors. Its clientele includes foundations, endowments, pension plans, insurance companies, institutional investors, and private clients. Värde Partners is committed to delivering a high level of service, focusing on building strong relationships with its investors.

Elena Lieskovska

Partner and Head of European Financial Services

29 past transactions

Abacus Life

Post in 2024
Abacus Life is an alternative asset originator and manager that specializes in life insurance products. Abacus offers institutionalized origination and portfolio management processes, supported by a dedicated team and extensive industry relationships.

Unity Investment Management

Acquisition in 2024
Unity Investment Management is a vertically integrated healthcare real estate investment platform that focuses on increasing operational performance, strengthening tenant relationships, and implementing significant capital enhancements.

iwoca

Debt Financing in 2024
Iwoca Ltd. is a London-based company that provides credit finance services to small businesses in the United Kingdom. Established in 2011, iwoca specializes in offering unsecured business loans and short-term cash loans to help businesses manage cash flow gaps and invest in growth opportunities. Its clients include a diverse range of sectors such as retail, hospitality, and service industries. The company offers flexible repayment options that span from one day to 24 months, allowing businesses to repay early without incurring penalties. Through its online platform, iwoca facilitates a streamlined application process, enabling businesses to secure funding for various needs, including inventory, technology, and employee expenses.

MPOWER Financing

Debt Financing in 2023
MPOWER Financing is a Public Benefit Corporation based in Washington, D.C., that provides educational loans to international and DACA students studying in the United States and Canada. Founded in 2014, the company offers loans ranging from $2,001 to $50,000, which can be used for various student-related expenses, including tuition, housing, and books. Notably, MPOWER does not require a co-signer, collateral, or a U.S. credit history, utilizing a proprietary credit algorithm that assesses future potential instead. Loans are structured as 10-year fixed-rate agreements, with repayments beginning six months after graduation. The company also offers additional support services, such as interest discounts, personal finance education courses, credit-building resources, and job placement assistance. By partnering with universities, MPOWER identifies potential loan candidates and directly disburses funds to educational institutions for tuition and related expenses.

iwoca

Debt Financing in 2023
Iwoca Ltd. is a London-based company that provides credit finance services to small businesses in the United Kingdom. Established in 2011, iwoca specializes in offering unsecured business loans and short-term cash loans to help businesses manage cash flow gaps and invest in growth opportunities. Its clients include a diverse range of sectors such as retail, hospitality, and service industries. The company offers flexible repayment options that span from one day to 24 months, allowing businesses to repay early without incurring penalties. Through its online platform, iwoca facilitates a streamlined application process, enabling businesses to secure funding for various needs, including inventory, technology, and employee expenses.

Goswami Infratech

Debt Financing in 2023
Goswami Infratech is a Private incorporate and that operates in the construction industry

Iamgold

Post in 2023
Iamgold is a mid-tier gold mining company with operations across three continents, including four operating gold mines and various development and exploration projects. Its geographic segments include the Essakane mine in Burkina Faso and the Doyon division, which encompasses the Westwood mine in Canada. Additionally, Iamgold is advancing the Cote Gold project and engages in exploration and evaluation activities. The company primarily generates its revenue from its operations in Burkina Faso. Iamgold emphasizes a commitment to health and safety, environmental stewardship, and collaboration with local communities, aiming to uphold the highest standards in these areas.

Lessen

Venture Round in 2023
Lessen is a technology-driven company that provides comprehensive outsourced property services for real estate rental assets, primarily focusing on single-family and multifamily renovations, turnovers, and maintenance. The company's platform facilitates seamless connections between real estate owners and service providers, offering on-demand resources and predictable service costs. Through its proprietary technology suite, Lessen enhances project management by incorporating automation and real-time analytics, thereby modernizing traditional processes in the industry. The company employs professional field project managers who ensure quality service and leverage a network of vetted service professionals across more than 40 markets nationwide. Lessen's approach enables efficient job verification, timely maintenance, and consistent service delivery for property owners and service providers alike.

DBT

Debt Financing in 2022
DBT is a LendTech company that specializes in providing business loans to small and micro-enterprises. The company utilizes a credit technology platform that analyzes data from businesses seeking financing, thereby enhancing risk assessment accuracy and expediting decision-making processes. By combining technological innovation with qualitative collaboration, DBT simplifies access to growth funding for SMEs across various industries. The company offers loans ranging from SEK 3 million to SEK 30 million, aiming to support the growth and development of these businesses.

CasaGrand

Venture Round in 2022
CasaGrand Builder Private Limited is a real estate company focused on developing quality residential spaces in India, specifically in Chennai, Bengaluru, and Coimbatore. With over fourteen years of experience, CasaGrand has constructed more than 12 million square feet of prime residential real estate. The company's projects are designed to optimize space and ventilation while incorporating essential amenities and branded materials in their construction. This commitment enables homebuyers to access high-quality, amenity-rich homes that meet their aspirations and enhance their living experience.

Reliance Power

Post in 2022
Reliance Power is a prominent player in India's energy sector and a subsidiary of the Reliance Group, one of the country's largest business conglomerates. The company focuses on the development, construction, and operation of power generation projects, managing a diverse portfolio that exceeds 35,000 MW of capacity across various stages, including operational, under construction, and under development. Reliance Power harnesses both thermal fuel sources and renewable resources for electricity generation. Significant coal reserves in central India and Indonesia support its coal-based projects, while its renewable initiatives utilize solar, hydro, and wind energy. The company's primary revenue comes from energy sales, supplemented by support service agreements, making it a key contributor to sustainable energy solutions both domestically and internationally.

Omaxe

Debt Financing in 2022
Omaxe Ltd is a prominent player in the real estate sector, specializing in the construction, development, and sale of townships, residential, and commercial properties primarily in India. The company offers a diverse range of residential projects, including The Lake, Omax plots, Celestia Royal Premier, Ambrosia, Celestia Grand, and The Resort. On the commercial side, its portfolio features notable projects such as Pearls Omaxe, Omaxe Square, Omaxe Chowk, and Omaxe Statue. Omaxe is dedicated to customer satisfaction and creating value for stakeholders through professionalism and quality, while also emphasizing social responsibility and the use of advanced technology in its operations. The majority of the company's revenue is generated from its real estate ventures.

Capital on Tap

Private Equity Round in 2022
Capital on Tap is a provider of a comprehensive small business credit card and spend management platform designed to meet the needs of small business owners. The company offers a user-friendly application process that takes just two minutes, allowing most applicants to receive instant credit decisions. Capital on Tap enables businesses to manage employee cards, access funding, and earn cashback, travel, and gift card rewards on every purchase. With over 200,000 customers and more than $5 billion spent on its business credit cards, the company has established itself as a significant player in the market. It has been recognized by notable publications as one of Europe’s fastest-growing businesses, reflecting its commitment to simplifying business funding and spending. Capital on Tap provides high credit limits and unlimited employee cards at no additional cost, helping business owners save time and money while ensuring efficient financial management.

Global Cloud Xchange

Acquisition in 2021
Global Cloud Xchange Limited, through its subsidiary GCX Limited, is a provider of data communications services to telecommunications carriers, multinational enterprises, and media companies worldwide. The company specializes in managed network services, including network design, implementation, and management, as well as Ethernet and secured VPN services that facilitate global connectivity. Global Cloud Xchange operates a next-generation network that connects emerging markets in Asia and the Middle East to established markets in Europe and North America, offering ultra-high bandwidth services of up to 100Gbps. Its portfolio includes Internet protocol services, international private leased circuits, and bandwidth capacity through indefeasible rights of use. The company utilizes a comprehensive infrastructure comprising subsea cable systems, landing stations, and terrestrial networks to enhance data movement and support cloud computing services. Headquartered in Central, Hong Kong, Global Cloud Xchange aims to enable efficient data replication and connectivity across geographically diverse locations.

Zilingo

Debt Financing in 2021
Zilingo is a technology-driven platform founded in 2015 by Ankiti Bose and Dhruv Kapoor, aimed at transforming the fashion supply chain through innovative trade solutions. By digitizing the fashion industry, Zilingo provides a marketplace that connects brands and merchants directly with factories, offering essential tools such as analytics, efficient logistics, and secure payment options. This approach enables entrepreneurs to thrive in a sector that has historically favored a select few, promoting accessibility, transparency, and connection within the fashion ecosystem. Zilingo's vision is to democratize fashion, making it possible for anyone with the right ideas to succeed in the industry.

Equiom Group

Acquisition in 2019
Equiom Group is a global trust and corporate service provider that assists organizations and high-net-worth individuals with their fiduciary and administrative needs. The company offers a comprehensive range of services, including trust and company formation, corporate sponsorship, property management, family office services, and support in specialized sectors such as yachting, aviation, and shipping. Equiom's experienced teams focus on delivering effective business solutions through strategic thinking and efficient administration, helping clients incorporate and manage their company and foundation structures. By addressing the unique requirements of its diverse clientele, Equiom aims to protect their interests and facilitate their operational success.

PNB Housing Finance

Post in 2019
PNB Housing Finance Limited is a housing finance company based in New Delhi, India, established in 1988. The company specializes in providing a variety of loans, including housing loans for the purchase, construction, repair, and renovation of residential and commercial properties. It also offers loans against property, loans for the purchase of residential plots, and financing for commercial spaces. PNB Housing Finance caters to different customer segments, including non-resident Indians and individuals from economically weaker sections and lower to middle-income groups through various schemes. In addition to home loans, the company provides non-home loans, such as mortgage loans for residential and commercial properties, lease rental discounting loans, and financing for real estate developers. PNB Housing Finance generates revenue primarily through interest income and fees from its diverse lending services.

Imopolis

Acquisition in 2018
Imopolis is a company focused on managing real estate investment funds in Portugal. It specializes in the administration and representation of these funds, providing investors with opportunities in the Portuguese real estate market. Through its dedicated management services, Imopolis aims to facilitate investment avenues that cater to the needs of its clients, ensuring a structured approach to real estate investment in the region.

Masthaven Bank

Private Equity Round in 2018
Masthaven Bank Limited is a retail banking institution based in London, United Kingdom, that offers a range of financial services for both individuals and businesses. Established in 2004, the bank was formerly known as Masthaven Solutions Limited and rebranded to its current name in May 2016. It is recognized as the first new bank to receive a banking license during that year. Masthaven Bank specializes in providing flexible and fixed-term savings accounts, bridging loans, development finance, and mortgages. The bank prides itself on offering a personalized approach to lending, utilizing the expertise gained from years of experience in secured lending and bridging loans. With a dedicated team of knowledgeable specialists, Masthaven is committed to delivering reliable financial solutions tailored to the needs of its customers.

Pi Labs

Corporate Round in 2018
Pi Labs is a venture capital firm founded in 2014 and headquartered in London, United Kingdom. The firm focuses on investing in companies within the real estate technology sector and related fields, including construction technology, artificial intelligence, augmented reality, and various health and financial technologies. Pi Labs aims to transform the relationship between buildings and their impact on people, businesses, and the environment by supporting startups that enhance affordability, accessibility, and sustainability. The firm primarily targets early-stage investments in property technology, with a commitment to fostering diversity, equality, and inclusion within its portfolio. Through its strategic investments, Pi Labs seeks to collaborate with entrepreneurs who are developing innovative solutions to address pressing challenges in the built environment, particularly those that contribute to thriving and sustainable cities.

OneMain Financial

Post in 2018
OneMain Financial, established in 1920, is a consumer finance company specializing in personal loans. It operates through approximately 1,500 branches in 44 U.S. states and offers loans secured by automobiles or other titled collateral, as well as unsecured loans. The company also provides credit insurance products and optional membership plans. OneMain caters to high-risk customers with limited access to credit from traditional lenders, offering loans for debt consolidation, household bills, car purchases, home improvements, and other major expenses.

Mercury Financial

Acquisition in 2017
Mercury Financial is a consumer lending company based in Austin, Texas and Wilmington, Delaware. It specializes in non-bank credit card services, focusing on responsible credit management. Mercury offers fair, transparent credit cards targeting consumers through direct mail, digital affiliates, email origination channels, and co-branded partnerships. Their products feature cashback and travel rewards, no monthly fees, and affordable annual percentage rates (APRs). The company's mission is to assist individuals seeking a second chance at rebuilding their financial future responsibly.

Boscolo Tours

Acquisition in 2017
Boscolo Tours is a travel and tourism agency that offers a broad range of customized travel packages, cruises and beach vacation plans.

Fairstone Services

Secondary Market in 2017
Fairstone Financial Inc. is a Canadian non-bank lender that specializes in providing personal and home equity loans, including first and second mortgages, refinancing options, and debt consolidation loans. Established in 1923 and headquartered in Montreal, the company operates 235 branches across Canada, catering primarily to near-prime and non-prime borrowers. In addition to loan products, Fairstone offers a range of protection services, such as creditor insurance, life insurance, and security plans for home and auto. The company also collaborates with various retailers to provide flexible financing solutions for purchases. Committed to community engagement, Fairstone supports initiatives focused on financial literacy and health and wellness, reflecting its dedication to positively impacting local communities.

Monedo

Series C in 2015
Monedo, a fintech company, leverages machine learning and alternative data sources to provide credit and digital banking services to the underbanked. Its offerings include consumer loans, a digital wallet, and a personal finance manager to help customers manage their credit score and spending. Additionally, Monedo's "Lending as a Service" model allows partners to integrate its credit products into their own platforms.

Trimont Real Estate Advisors

Acquisition in 2015
Trimont Real Estate Advisors, Inc. is a prominent provider of real estate investment services, catering to the needs of lenders and investors in both debt and equity markets. Established in 1983 and headquartered in Atlanta, Georgia, with additional offices in Irvine, California; New York, New York; the Netherlands; and London, United Kingdom, Trimont specializes in asset management, servicing complex performing and non-performing credit, bond finance, defeasance consulting, underwriting, and information management. The company is recognized for its expertise across various asset classes and geographical markets, allowing it to enhance the value of clients' investments while effectively managing risks. Trimont operates as a trusted advisor, aligning its interests with those of its clients and maintaining a non-competitive stance as it is neither a lender nor an investor. It has garnered ratings from Standard & Poor’s, Fitch, and Kroll Bond Ratings for its services in commercial mortgage and construction loan servicing, further establishing its reputation in the industry.

BizSpace

Acquisition in 2015
Bizspace Limited specializes in providing managed workspace solutions tailored for small to medium-sized enterprises, start-ups, and corporate clients in the United Kingdom. Founded in 2000 and headquartered in London, the company offers a diverse range of facilities, including office spaces, co-working areas, meeting rooms, workshops, industrial units, storage solutions, studios, and serviced offices. Bizspace locations are spread across England and Scotland, showcasing a variety of settings from modern developments to beautifully restored Victorian mills. Their offerings cater to a wide array of professionals, creating dynamic environments where businesses from various sectors, such as accounting and creative arts, can thrive.

Monedo

Series B in 2014
Monedo, a fintech company, leverages machine learning and alternative data sources to provide credit and digital banking services to the underbanked. Its offerings include consumer loans, a digital wallet, and a personal finance manager to help customers manage their credit score and spending. Additionally, Monedo's "Lending as a Service" model allows partners to integrate its credit products into their own platforms.

NewDay

Acquisition in 2011
NewDay, formerly known as SAV Credit, is a financial services company based in the United Kingdom that focuses on providing credit products tailored to consumers. The company aims to improve customers' relationship with credit by offering credit cards and related services, particularly targeting those who are underserved by traditional banks. NewDay emphasizes a customer-centric approach guided by its Manifesto, which is built on four core principles: being welcoming, understanding, knowledgeable, and rewarding. By prioritizing these principles, NewDay seeks to empower consumers through responsible lending, innovative analytic tools, and effective credit management strategies, ultimately helping individuals navigate their credit needs more effectively.
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