Värde launches fund finance platform
Summary by Private Equity Wire
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Värde launches fund finance platform
Värde Partners, a credit and credit-related assets specialist, has expanded its broader asset-based finance strategy with the launch of a fund finance platform, with $300m of strategic equity capital from Canada Pension Plan Investment Board (CPP Investments), through subsidiaries of CPPIB Credit Investments, in addition to other Värde-dedicated capital. The platform is designed to address the increased demand for subscription lines and other fu…
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