(FINalternatives) Global alternative investment manager Värde Partners has raised $1.74 billion in committed capital for its twelfth buyout fund. The new fund, named Värde Fund XII closed with $1.74 billion of committed capital, the company said in a statement. As with Värde’s previous funds, the new vehicle will invest in opportunities across a broad array of geographies, segments and asset types with a focus on value-based and credit-oriented investments in investment themes related to bank retrenchment, new distressed cycles and market distress still remaining from the great financial crisis.
Värde Partners Raises $1.74bn for Twelfth Fund
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