Form D · Hedge Fund

Varde Credit Partners (Offshore), Ltd.

Minneapolis, MN · CIK 0001565562

Offering snapshot reported Jul 14, 2026 · SEC filing

Reported sold
$2.58B
Indefinite offering
Investors reported
487
Form D · investor count
Minimum accepted
$100K
Reported outside-investor minimum
First sale
Mar 1, 2013
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$1.29B$2.58BJul 14, 2021: $1,898,088,132.00Jul 14, 2021Jul 14, 2022: $1,950,292,884.00Jul 14, 2022Jul 14, 2023: $1,954,519,611.00Jul 14, 2023Jul 12, 2024: $1,961,665,539.00Jul 12, 2024Jul 14, 2025: $2,522,988,064.00Jul 14, 2025Jul 14, 2026: $2,577,560,552.00Jul 14, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$2,522,988,064 → $2,577,560,552

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jul 14, 2026Amendment$2,577,560,552$54,572,488vs Jul 14, 2025487SEC filing
Jul 14, 2025Amendment$2,522,988,064$561,322,525vs Jul 12, 2024487SEC filing
Jul 12, 2024Amendment$1,961,665,539$7,145,928vs Jul 14, 2023461SEC filing
Jul 14, 2023Amendment$1,954,519,611$4,226,727vs Jul 14, 2022459SEC filing
Jul 14, 2022Amendment$1,950,292,884$52,204,752vs Jul 14, 2021451SEC filing
Jul 14, 2021Amendment$1,898,088,132No comparisonNot reportedSEC filing
Jul 14, 2020Amendment$1,781,168,132$104,982,180vs Nov 12, 2019435SEC filing
Nov 12, 2019Amendment$1,676,185,952$94,766,000vs Apr 8, 2019418SEC filing
Apr 8, 2019Amendment$1,581,419,952$321,980,811vs Apr 6, 2018373SEC filing
Apr 6, 2018Amendment$1,259,439,141$426,634,000vs Apr 7, 2017240SEC filing
Apr 7, 2017Amendment$832,805,141$205,445,000vs Apr 7, 2016147SEC filing
Apr 7, 2016Amendment$627,360,141$99,215,000vs Apr 7, 201582SEC filing
Apr 7, 2015Amendment$528,145,141$364,023,863vs Apr 3, 201433SEC filing
Apr 3, 2014Amendment$164,121,278No comparison14SEC filing
Dec 28, 2012InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$7.43M (estimated)
Finders' fees
$0
Form D file number
021-189137

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
J.P. Morgan Securities LLC000000079
NoneNoneIntroduction Capital Inc.

Source: Form D, filed Jul 14, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

VARDE CREDIT PARTNERS (OFFSHORE), LTD.

Investment adviser: VARDE MANAGEMENT, L.P.

Gross asset value
Not reported
Beneficial owners
Not reported
ADV minimum commitment
Not reported

Reported in Form ADV on Jun 26, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

No provider names available in this fund's imported disclosure.

Provider details
Annual audit
Not reported
Prime brokers
Not reported
Custodians
Not reported
Administrator other than the adviser
Not reported
External marketing
Not reported
Filing source

Form ADV 2115865 · Jun 26, 2026 · Schedule D 7.B.(1), fund 805-9836354848

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

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Bradley P. Bauer Director
Ilfryn C. Carstairs Executive
Nathan J. Geske Executive
Christopher N. Giles Executive
Ali M. Haroon Executive
Jeremy D. Hedberg Executive
George G. Hicks Director
J. Dennis Hunter Director
Anthony Iannazzo Director
Katie S. Kloster Executive
Andrew P. Lenk Director
David A. Marple Executive
Cary Marr Director
Rick J. Noel Executive
Marcia L. Page Executive
Geoff Ruddick Director
Brian C. Schmidt Executive
Jason R. Spaeth Executive
Varde Credit Partners G.P., L.P. Promoter
Varde Credit Partners Ugp, Llc Promoter
Varde Partners, Inc. Director, Promoter
Varde Partners, L.P. Promoter
Kirsten E. Voss Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
350 N 5 Th Street Suite 800
Minneapolis, MN, 55401