Varde Partners Strengthens Asset-Based Finance Team with Promotions and New Hires

Varde Partners, a leading global investment firm in credit and credit-related assets, has bolstered its Asset-Based Finance (ABF) team with the promotion of Missy Dolski to Partner and Global Head of Asset-Based Finance, as well as the hiring of Jim Lees as Managing Director, Asset-Based Finance. These moves come on the heels of the launch of Varde's Fund Finance platform earlier this year, further solidifying the firm's leadership position in the rapidly expanding private credit market.

Key Takeaways:

  • Missy Dolski has been promoted to Partner and Global Head of Asset-Based Finance, overseeing Varde's global ABF strategy, focusing on middle-market opportunities across commercial and consumer asset classes, and fund finance.
  • Dolski will lead the firm's global ABF strategy, driving investment opportunities emerging out of the banking sector and delivering financing execution across public and private markets.
  • Jim Lees joins Varde as Managing Director, Asset-Based Finance, leading ABF origination and underwriting for North America, bringing over 10 years of experience in originating financing for middle-market companies.
  • Varde Partners has deployed $13 billion in its ABF strategy since 2008, with nearly $3 billion invested across North America and Europe over the last four years.
  • The firm's significant experience, informed by over three decades of investing in public and private markets through economic cycles, supports its ability to structure tailored solutions and construct resilient, diversified, cash-flowing exposure for investors.

Statistics:

  • $13 billion: Amount deployed in Varde's ABF strategy since 2008.
  • $3 billion: Amount invested across North America and Europe over the last four years.
  • 30 years: Number of years Varde Partners has been investing in asset-based markets.
  • 3 decades: Time frame over which Varde has invested in public and private markets.

Sources:

  • Varde Partners press release (no date provided)