Värde Partners is a global alternative investment firm specializing in credit and credit-related assets. Founded in 1993 by George Hicks, Marcia Page, and Greg McMillan, the firm has built its reputation as a leading investor across private and public credit markets, with expertise in distressed debt, private credit, real estate lending, asset-based finance, and special situations investing. The name “Värde” is derived from the Swedish word for “value,” reflecting the firm’s value-oriented investment philosophy. Since its inception, the firm has invested more than $100 billion globally and currently manages approximately $15–16 billion in assets under management.

The firm operates through a globally integrated platform with offices in New York City, Minneapolis, London, Singapore, Luxembourg, and Mumbai, supported by local investment teams across North America, Europe, and Asia-Pacific. Värde invests across the liquidity spectrum and capital structure, providing flexible financing solutions and pursuing opportunities in markets where traditional lenders may be constrained. Its core strategies include asset-based finance, corporate credit, real estate lending and capital solutions, and Asia private credit. 

Värde has developed a particularly strong presence in Asia over the past two decades, with India becoming one of its most important investment markets. The firm has deployed billions of dollars across Indian private credit, stressed assets, infrastructure, power, real estate, and special situations transactions. Through its regional platform and local partnerships, Värde seeks to capitalize on growing demand for alternative financing solutions in emerging and underpenetrated credit markets. The firm's investment approach emphasizes downside protection, rigorous underwriting, and long-term value creation while maintaining flexibility across changing market cycles.