Värde Partners launches fund finance platform

Global alternative investment firm Värde Partners has launched a fund finance platform.

The platform launches with $300m (£221m) of strategic equity capital from Canada Pension Plan Investment Board (CPPIB), through subsidiaries of CPPIB Credit Investments, in addition to other Värde-dedicated capital.

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Building on Värde’s broader asset-based finance strategy, the platform is designed to address the increased demand for subscription lines and other fund finance-related products.

The firm’s fund finance strategy aims to support bank origination through natural distribution channels, alongside meeting borrower demand for more structured financing solutions – both of which will expand lending capacity to the market.

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“The launch of this platform enables us to expand our relationships with bank partners while creating exposure to what we believe to be an attractive investment opportunity,” said Brad Bauer, chief executive of Värde.

“We see the rising demand for fund finance products as creating a durable, highly scalable opportunity as private capital and, therefore, fund financing needs continue to grow,” added Missy Dolski, global head of fund finance and capital markets at Värde.

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