← The Varde Fund
Varde Fund XI, LP
The Varde FundVINTAGE 2013
NET IRR
4.4%
TVPI
1.33x
DPI
1.21x
COMMITMENT
$200M
LP SOURCES
27
VALUATION SPREAD1.33x – 1.34x TVPI across 2 sources
CROSS-REFERENCE TABLE
| LP SOURCE | AS OF | COMMITMENT | PAID IN | NET IRR | TVPI | DPI | DOC |
|---|---|---|---|---|---|---|---|
| Minnesota SBI | 2025-12-31 | $200M | $200M | 4.4% | 1.33x | 1.21x | SOURCE ↗◆ |
| Florida SBA | 2021-12-31 | $200M | $200M | 5.0% | 1.34x | 1.05x | SOURCE ↗◆ |
| Florida SBA | 2021-09-30 | $200M | $200M | 5.3% | 1.37x | 0.93x | SOURCE ↗◆ |
| Florida SBA | 2021-06-30 | $200M | $200M | 5.4% | 1.37x | 0.90x | SOURCE ↗◆ |
| Florida SBA | 2021-03-31 | $200M | $200M | 5.3% | 1.35x | 0.84x | SOURCE ↗◆ |
| Florida SBA | 2020-12-31 | $200M | $200M | 5.3% | 1.35x | 0.84x | SOURCE ↗◆ |
| Florida SBA | 2020-09-30 | $200M | $200M | 5.4% | 1.35x | 0.78x | SOURCE ↗◆ |
| Florida SBA | 2020-06-30 | $200M | $200M | 6.0% | 1.39x | 0.78x | SOURCE ↗◆ |
| Florida SBA | 2020-03-31 | $200M | $200M | 6.8% | 1.43x | 0.73x | SOURCE ↗◆ |
| Florida SBA | 2019-12-31 | $200M | $200M | 8.0% | 1.52x | 0.64x | SOURCE ↗◆ |
| Florida SBA | 2019-09-30 | $200M | $200M | 8.0% | 1.50x | 0.51x | SOURCE ↗◆ |
| Florida SBA | 2019-06-30 | $200M | $200M | 8.0% | 1.48x | 0.47x | SOURCE ↗◆ |
| Florida SBA | 2019-03-31 | $200M | $200M | 8.1% | 1.47x | 0.40x | SOURCE ↗◆ |
| Florida SBA | 2018-12-31 | $200M | $200M | 8.2% | 1.46x | 0.40x | SOURCE ↗◆ |
| Florida SBA | 2018-09-30 | $200M | $200M | 8.5% | 1.45x | 0.37x | SOURCE ↗◆ |
| Florida SBA | 2018-06-30 | $200M | $200M | 8.2% | 1.41x | 0.32x | SOURCE ↗◆ |
| Florida SBA | 2018-03-31 | $200M | $200M | 8.1% | 1.38x | 0.26x | SOURCE ↗◆ |
| Florida SBA | 2017-12-31 | $200M | $200M | 8.1% | 1.36x | 0.26x | SOURCE ↗◆ |
| Florida SBA | 2017-09-30 | $200M | $200M | 8.1% | 1.34x | 0.07x | SOURCE ↗◆ |
| Florida SBA | 2017-06-30 | $200M | $200M | 8.1% | 1.31x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2017-03-31 | $200M | $200M | 8.1% | 1.29x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2016-12-31 | $200M | $200M | 8.1% | 1.26x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2016-09-30 | $200M | $200M | 8.1% | 1.24x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2016-06-30 | $200M | $200M | 8.1% | 1.22x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2016-03-31 | $200M | $200M | 8.1% | 1.19x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2015-12-31 | $200M | $200M | 8.1% | 1.17x | 0.00x | SOURCE ↗◆ |
| Florida SBA | 2015-09-30 | $200M | $180M | 8.1% | 1.16x | 0.00x | SOURCE ↗◆ |