← DIRECTORY
The Varde Fund
FUNDS
16
MEDIAN NET IRR
8.2%
MEDIAN TVPI
1.30x
LP SOURCES
6
FUNDS
| FUND | VINTAGE | COMMITMENT | NET IRR | TVPI | DPI | DIVERGENCE | SOURCES |
|---|---|---|---|---|---|---|---|
| Varde Fund XIV | 2022 | $47.1M | 9.4% | 1.16x | 0.08x | — | |
| The Varde Dislocation Fund, L.P | 2020 | $200M | 9.2% | — | — | — | |
| Varde Fund XIII, L.P. | 2018 | $150M | 8.9% | 1.41x | 0.83x | — | |
| The Varde Asia Credit Fund, L.P | 2018 | $50M | 8.2% | — | — | — | |
| The Varde Private Debt Opportunities Fund (Onshore), L.P | 2018 | $200M | 8.3% | — | — | — | |
| The Varde Fund XII (C) LP | 2016 | $200M | 4.8% | 1.29x | 0.80x | — | |
| The Varde Fund XII-C | 2016 | $200M | 5.1% | 1.24x | 0.47x | — | |
| Varde Fund XII-C | 2016 | $200M | — | 1.02x | 0.00x | — | |
| Varde Scratch and Dent Feeder I-A, L.P | 2016 | $75M | 4.0% | 1.13x | — | — | |
| Varde Scratch and Dent Feeder, L.P | 2014 | $150M | 5.6% | 1.19x | — | — | |
| Varde Fund XI, LP | 2013 | $200M | 4.4% | 1.33x | 1.21x | — | |
| The Varde Fund XI (C) LP | 2013 | $200M | 4.3% | 1.31x | 1.16x | — | |
| Varde Fund X, LP | 2010 | $150M | 10.0% | 1.74x | 1.70x | — | |
| The Varde Fund X (C) LP | 2010 | $100M | 9.8% | 1.72x | 1.68x | — | |
| Varde Partners Fund X, L.P. | 2009 | $100M | 10.0% | 1.74x | 1.67x | — | |
| Varde Select Fund, L.P. | 1998 | $16M | 6.0% | 1.30x | 1.32x | — |
DATA PROVENANCE
Every figure on this page comes from a public LP disclosure. The following pension systems reported on The Varde Fund.
| LP SOURCE | LATEST REPORT | REPORTS | DISCLOSURE |
|---|---|---|---|
| Dec 2025 | 4 | VIEW SOURCE ↗ | |
| Sep 2025 | 2 | VIEW SOURCE ↗ | |
| Sep 2025 | 1 | VIEW SOURCE ↗ | |
| Aug 2025 | 1 | VIEW SOURCE ↗ | |
| Dec 2024 | 3 | VIEW SOURCE ↗ | |
| Jun 2024 | 96 | VIEW SOURCE ↗ |