What Happened?
, -based Varde Promoted Richard Strohmenger as Deputy General Counsel
Date of management change: November 05, 2024
, -based Varde Promoted Richard Strohmenger as Deputy General Counsel
Varde Partners is a leading global alternative investment adviser with roots in credit and distressed. At a fundamental level, Varde focuses on unlocking value – Varde means value in Swedish. The firm seeks opportunities in less efficient markets and pursues assets at a discount to their intrinsic or potential value, all with the focus of creating value for its investors and empowering the common good they seek. Investments span corporate and sovereign credit, restructurings, real estate, mortgages, private equity, and direct lending. The firm has invested more than $90 billion since its founding in 1993, and has offices in Minneapolis, New York, London, Singapore and other cities in Asia and Europe. Varde manages over $13 billion in assets on behalf of its investors around the world.
Richard Strohmenger is Deputy General Counsel at Varde. Previously, Richard held various senior legal leadership roles in the industry.
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