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“Over the past six years, Brendan has demonstrated strong leadership and character while driving advances in scaling our world-class global operations and infrastructure. His direction and forethought have proven instrumental to the growth and success of the firm in many ways, not least of which includes ensuring Värde was well prepared with the technology and systems for a seamless transition to remote work in 2020. We are excited to welcome him as a partner,” said George Hicks, Värde Co-Founder and Co-CEO, and Ilfryn Carstairs, Co-CEO and CIO.
Brendan joined Värde in 2014 to serve as the firm’s Chief Operating Officer with global responsibility for the accounting, treasury, valuations, operations and technology functions. Based in Minneapolis, he is a member of the firm’s Investment Committee, Senior Leadership Committee, and Operating Committee. He is also active in the firm’s fund and product development as well as enterprise risk management.
Prior to joining Värde, Brendan served as global COO for the Alternative Asset Management, Equities, Structured Products, Asset Servicing and Securities Operations teams at Barclays Bank. Prior to Barclays, Brendan spent more than a decade in various roles within audit, investment banking, and strategy at JPMorgan Chase.
Alongside Brendan’s appointment, Värde announced two promotions to Senior Managing Director:
- Ria Nova, Head of Americas Business Development and Investor Relations, also oversees the firm’s consultant, intermediary and product specialist efforts. Based in New York, she joined the firm in 2017.
- Michael Reimler, Global Head of Finance, is responsible for leading and managing the accounting and financial reporting for Vӓrde’s investment funds, general partner entities and management companies, and for leading and managing the firm’s Treasury function. Based in Minneapolis, he joined the firm in 2010.
In addition, Värde recently hired Monty Cook as Head of Financial Services, North America. Based in New York, Monty leads the firm’s investing in financial services assets across North America with a focus on private credit investments in traditional and emerging asset classes. He reports to Aneek Mamik, Global Co-Head of Financial Services.
“We’re pleased to welcome Monty at an exciting time for the financial services team,” said Aneek. “Leveraging Monty’s tremendous industry experience and the strength of Värde’s platform, we are pleased to be expanding our lending solutions for the financial services sector and building on the firm’s capabilities to deliver value for investors.”
Monty joins Värde from First Eagle Alternative Credit, where he served as Head of Financial Services. Monty was with THL Credit for seven years before it was acquired by First Eagle and most recently served as Co-Head of Direct Lending. Prior to THL Credit, Monty was a Director in Deutsche Bank’s Credit Solutions Group where he sourced and structured credit investments across numerous specialty finance and other asset classes.
About Värde Partners:
Värde Partners is a leading global alternative investment firm with roots in credit and distressed. Founded in 1993, the firm has invested more than $75 billion since inception and manages over $14 billion on behalf of a global investor base. The firm’s investments span corporate and traded credit, real estate and mortgages, private equity and direct lending. Värde employs more than 300 professionals worldwide with offices in Minneapolis, New York, London, Singapore and other cities in Asia and Europe. For more information, please visit www.varde.com.