Värde raises nearly $1.5b for asset-based lending opportunities

Värde Partners has raised nearly $1.5 billion for asset-based lending opportunities through The Värde Asset Lending Fund II and related accounts and co-investments. The firm received support from a global base of institutional investors.

Through its established lending platforms and relationships, Värde originates loans and provides financing solutions for consumers, businesses and lenders. The firm invests in lending strategies across a range of industries, including specialty finance (auto, equipment and personal loans), commercial real estate, and technology.

“We are grateful for the strong support from new and longtime investors. Unfolding in front of us is one of the most compelling credit investment environments since the global financial crisis, and we look forward to building on our track record of delivering attractive risk-adjusted returns for our investors. The surge in demand for non-bank financing — an acceleration of a more than decade-long trend â