PE-backed Trimont appoints Ward as CEO

By Iris Dorbian — 1 month ago

Trimont Real Estate Advisors, which is backed by Värde Partners, has hired Brian Ward as CEO. Previously, Ward worked at Colliers International where he was president of capital markets and investment services for the Americas. Based in Atlanta, Trimont is a real estate financial provider.


Värde Partners buys Trimont Real Estate Advisors

By Luisa Beltran — 5 months ago

Värde Partners has closed its buy of majority stake in Trimont Real Estate Advisors. Financial terms weren’t announced. Trimont’s current owners will have a minority investment in the new entity, which is retaining the Trimont name. Trimont is a real estate financial services provider with $85 billion of client capital under management. Raymond James advised Trimont.


GE’s to sell Australia, NZ consumer finance unit for $6.26 bln

By Luisa Beltran — 11 months ago

Värde Partners, KKR and Deutsche Bank have agreed to buy GE Capital’s Australia and New Zealand consumer lending business for A$8.2 billion (US$6.26 bln). The unit, A partner to many retailers in Australia and New Zealand, provides personal loans, credit cards and interest free retail finance. It has more than 3 million customers. Credit Suisse and Morgan Stanley provided advice to GE, while Bank of America Merrill Lynch, Moelis & Company and Citi advised the consortium.


Värde Partners Enables SAV Exit

By Angela Sormani — 4 years ago

Global fund manager Värde Partners has agreed to acquire SAV Credit Limited, a UK-based specialist credit card provider, from majority shareholders Palamon Capital Partners, Electra Private Equity and Morgan Stanley Alternative Investment Partners in a deal worth £472 million. Palamon, Electra, and Morgan Stanley have supported the development of SAV from a start-up in 2002. Värde Partners first partnered with SAV Credit in March 2010 and is acquiring the business as part of its strategic growth plans.