Värde Dislocation Fund’s $1.6 Billion Fundraising

Paul, Weiss advised Värde Partners in the transaction.

Värde Partners closed Värde Dislocation Fund, which held its final closing with approximately $1.6 billion in commitments, exceeding its $1 billion target in five months of fundraising. The fund is Värde’s inaugural dedicated dislocation and distressed debt vehicle, intended to invest widely across the current credit cycle.

Värde Partners is a leading global alternative investment adviser with roots in credit and distressed.

The Paul, Weiss team included corporate partner Marco Masotti (Picture); tax partner Lindsay Parks; and executive compensation partner Andrew Gaines and counsel Jacob Glazeski.

Involved fees earner: Andrew Gaines – Paul Weiss Rifkind Wharton & Garrison; Jacob Glazeski – Paul Weiss Rifkind Wharton & Garrison; Marco Masotti – Paul Weiss Rifkind Wharton & Garrison; Lindsay Parks – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Värde Partners;

Author: Ambrogio Visconti