Värde Partners Announces Promotions

Värde Partners has announced the following promotions among its team:

• Brendan Albee has been elevated to Partner, in addition to his current Chief Operating Officer role. He presently serves on the firm’s Investment, Senior Leadership and Operating Committees as well. He is also involved in fund and product development, and enterprise risk management for the firm. His previous experiences include leadership roles with Barclays Capital and JPMorgan Chase.
  

• Ria Nova has been elevated to Senior Managing Director. She currently serves as Head of Americas Business Development and Investor Relations. She also has oversight of the firm’s consultant, intermediary and product specialist initiatives. She previously held leadership roles with Neuberger Berman. She began her career as a Product Manager, Alternative Investments with Lehman Brothers Asset Management.

• Michael Reimler has been elevated to Senior Managing Director. He is currently Global Head of Finance after joining the firm as Controller. He previously served in leadership positions with RBC Capital Markets/RBC Dain Rauscher. He started his career as a Senior Audit Manager with PricewaterhouseCoopers.

Värde Partners is a leading global alternative investment adviser with roots in credit and distressed. The Minneapolis, MN-based firm has invested more than $75 billion since its founding in 1993, and employs more than 300 professionals across 11 offices worldwide. Värde currently manages over $14 billion in assets on behalf of its investors around the world.