Värde Partners Opens Houston Office To Support Energy Business

Oct 17 2017 | 8:59pm ET

Global alternative investment advisor Värde Partners has opened a new office in Houston aimed at supporting the company’s established energy business, and has named managing director Markus Specks to lead it.

Specks, who joined Värde in 2008, is already in charge of the firm’s energy sleeve  providing tailored capital solutions and a flexible approach to investing across credit, private equity, and asset-level exposure. The new local presence will allow Värde to develop and strengthen relationships and provide on-the-ground insights to clients, the company said in a statement. 

Houston is the firm’s fourteenth office worldwide, the statement added. 

“We see the energy sector as a key contributor to the firm’s long-term growth objectives, and are proud to call Houston home.” said Specks in the statement. “While we have been long committed to energy, our new local presence will allow us to better develop and strengthen relationships with industry partners, and provide on the ground insights for our investors.”

Founded in 1993 by George Hicks, Marcia Page and Gregory McMillan, Minneapolis-based Värde Partners employs a value-based approach to investing across a broad array of geographies, segments and asset types, including real estate, corporate credit, mortgages, specialty finance, energy, transportation, and infrastructure. The firm sponsors and manages a family of private investment funds, and manages approximately $13 billion in assets. 


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