Varde Management, L.P.

RIASEC RegisteredEst. 2009
Total AUM
$16.1B
Discretionary
$16.1B
100% of AUM
Avg account
$133M
Accounts
121
Employees
197
Advisory reps
13

Firm details

Headquarters
New York, New York
CRD number
148949
Registered since
January 2, 2009
Website
varde.com
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles88.92%
  • Other11.08%
Services
Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Varde Management, L.P. is a limited partnership that operates as an institutional-focused hedge fund manager and sponsor of pooled vehicles. The firm is SEC-registered (since 2009) and functions in roles that include commodity pool or trading adviser (CPO/CTA) work and portfolio management for pooled investment vehicles and for institutional or business clients. Its compensation mix combines a percentage-of-AUM component with performance-based fees. The firm indicates it incorporates ESG considerations into its investment process. Varde serves an institutional client base and acts as sponsor, general partner and managing member of a range of pooled funds. That sponsor/manager role, together with its fee structure and registration profile, aligns the firm with multi-vehicle alternative asset management rather than a retail wealth practice.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Non-Exchange Traded Equities 90%, Cash & Cash Equivalents 5%, Public Funds/Mutual Funds 3%, Non-Investment Grade Corp Bonds 2%, Other 1%90%
  • Non-Exchange Traded Equities90%
  • Cash & Cash Equivalents5%
  • Public Funds/Mutual Funds3%
  • Non-Investment Grade Corp Bonds2%
  • Other1%

Owners & executives

2 of 2
  • Kevin Medina

    Kevin Medina

    Global Chief Compliance OfficerCRD 4188562

  • Anthony Iannazzo

    Partner and Chief Operating OfficerCRD 3003966

Contacts

3 of 11
  • George Hicks

    George Hicks

    Co-Founder and Co-Executive ChairmanCRD 1448893

  • Marcia Page

    Marcia Page

    Co-Founder and Co-Executive ChairmanCRD 1448939

  • Ilfryn Carstairs

    Ilfryn Carstairs

    PartnerCRD 5898236

Unlock 8 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

New York, NY

New York

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
New York
Address
520 Madison Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth