Investment adviser · CRD 148949

VARDE MANAGEMENT, L.P.

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Jun 26, 2026

Regulatory AUM: $16.1B
Client accounts: 121
Employees: 197
Advisory professionals: 64

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	118	$14,341,420,785	88.9%
Other clients	Fewer than 5	$1,786,717,063	11.1%

Filing source

Form ADV 2115865 · Jun 26, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

50+ Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

Browse the first 49 funds across 7 pages.

VARDE INVESTMENT PARTNERS, L.P.Hedge Fund · Last reported Jun 26, 2026$591MGross asset value

Form D fundraising filings

VARDE INVESTMENT PARTNERS LP

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG, LLP MINNEAPOLIS, Minnesota, United States

Custodian GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian MADISON PACIFIC TRUST LIMITED HONG KONG, Hong Kong Related to adviser: No

Custodian SOCIETE GENERALE S.A. DUBLIN BRANCH DUBLIN, Ireland Related to adviser: No

Custodian STANDARD CHARTERED BANK MUMBAI, India Related to adviser: No

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Custodian THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED MUMBAI, India Related to adviser: No

Custodian WELLS FARGO BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG, LLP
PCAOB 185

GOLDMAN SACHS & CO. LLC
SEC 8-129

MADISON PACIFIC TRUST LIMITED
LEI 254900OP094T36TCX227

STANDARD CHARTERED BANK
LEI RILFO74KP1CM8P6PCT96

THE BANK OF NEW YORK MELLON
LEI HPFHU0OQ28E4N0NFVK49

THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED
LEI 2HI3YI5320L3RW6NJ957

WELLS FARGO BANK, N.A.
LEI PBLD0EJDB5FWOLXP3B76

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-9919439251
Reported beneficial owners: 172
Minimum commitment: $5M
Form D file number: 021-173244

Form ADV 2115865 · Jun 26, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

VCCF SICAV-RAIF, S.C.A.Hedge Fund · Last reported Jun 26, 2026$523MGross asset value

Feeder funds

THE VARDE VCC FUND, SCSP

Fund administrator SS&C (LUXEMBOURG) SARL LUXEMBOURG, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG, LLP MINNEAPOLIS, Minnesota, United States

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: No
Administrator other than the adviser: Yes
External marketing: No

KPMG, LLP
PCAOB 185

Fund details & source

Fund ID: 805-5309064759
Reported beneficial owners: 8
Minimum commitment: $1
Form D file number: 021-556896

Form ADV 2115865 · Jun 26, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

VARDE INVESTMENT PARTNERS (OFFSHORE) MASTER, L.P.Hedge Fund · Last reported Jun 26, 2026$477MGross asset value

Feeder funds

VÄRDE INVESTMENT PARTNERS (OFFSHORE), LTD.
THE VÄRDE FUND CAYMAN, LTD.

Fund administrator SS&C TECHNOLOGIES, INC. WINDSOR, Connecticut, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG, LLP GEORGE TOWN, Cayman Islands