Alternative investment manager Värde Partners has named Aneek Mamik as North American specialty finance head. His appointment began in September. Previously, Mamik, who is currently based in New York, held several senior executive roles at General Electric.
MINNEAPOLIS, November 7, 2016 — Värde Partners, the $11 billion global alternative investment firm, today announced that Aneek Mamik has joined the firm as North American Head of Specialty Finance. He started in September and is based in New York. This appointment further positions Värde to invest in assets and platforms related to a range of smaller balance commercial and consumer credits to take advantage as banks around the globe refocus their balance sheets and reduce lending.
“We are pleased to welcome Aneek to the Värde team following his successful career at GE Capital, during which he led more than $150 billion of transactions in more than 30 countries over the last fifteen years,” said Värde Partners’ Rick Noel, Head of Global Specialty Finance. “We believe the depth and breadth of Aneek’s industry and transactional experience will help us create value in existing portfolios and when making new investments.”
Prior to joining Värde, Aneek spent fifteen years in a number of progressively senior executive roles at General Electric. He began as an Associate in the Australian consumer finance platform, which was recently acquired by Värde Partners and re-branded as Latitude Financial Services. He later joined the Mergers and Acquisitions group where he pursued acquisitions globally as part of GE Capital’s expansion. Most recently, as Senior Managing Director and Head of Mergers and Acquisitions for GE Capital Headquarters, where he led the disposition of more than $100 billion in assets.
“I’m excited to join Värde Partners and their incredible team,” said Aneek. “I have worked closely with the Värde team over the last several years and was attracted to the opportunity based on their culture and strong track record.
Aneek received a Master of Business, Banking and Finance and a Bachelor of Accounting from Monash University in Australia. He is a member of the Institute of Chartered Accounts in Australia.
About Värde Partners
Värde Partners is an $11 billion global alternative investment firm that employs a credit- oriented, value-based approach to investing across a broad array of geographies, segments and asset types, including real estate, corporate credit, residential mortgages, specialty finance, transportation 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 240 people with main offices in Minneapolis, London and Singapore and additional offices around the world including an office in New York.