Fund closes with $2.47bn in commitments
JV part of Värde's expansion of its private equity strategy
Deephaven originally partnered with Värde in 2014 to fund its growth and expansion
Gross book value of the portfolio is approximately €734 million.
$14bn investment manager promotes Brad Bauer to Deputy Chief Investment Officer
Approximately $400mn committed capital ends fundraising above target
Värde plans to use the platform to invest in Portugal and build its position in the local real estate market
Girotra will focus on developing Värde’s relationships with consultants and institutional advisers around the world
Partnership will pursue investments in stressed and distressed assets in India.