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Varde Dislocation Fund, L.P.

Minneapolis, MN · CIK 1809488 · Sponsor: Varde Partners, L.P.
Status: no Form D since Nov 2020. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Varde Dislocation Fund, L.P. is a private investment fund based in Minneapolis, Minnesota. According to its most recent Form D, filed Nov 13, 2020, it has sold $1,581,550,000 of interests to 78 investors since its first sale in Jun 2020. The minimum investment it accepts from an outside investor is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include George Hicks; Varde Partners, Inc; Varde Partners, L.P.

Total raised
$1,581,550,000Cumulative sales reported on Form D
Investors
78
First sale
Jun 12, 2020
Minimum investment
$100,000
Who can invest
Qualified purchasersSection 3(c)(7): generally $5M+ in investments
Offering exemption
Rule 506(b)No general advertising
Key people and entities
George Hicks; Varde Partners, Inc; Varde Partners, L.P
Latest Form D
Nov 13, 2020

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Varde Dislocation Fund, L.P.

What is the minimum investment for Varde Dislocation Fund, L.P.?

According to its latest Form D, filed Nov 13, 2020, the minimum investment Varde Dislocation Fund, L.P. accepts from an outside investor is $100,000.

Who can invest in Varde Dislocation Fund, L.P.?

Varde Dislocation Fund, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.

How much has Varde Dislocation Fund, L.P. raised?

Varde Dislocation Fund, L.P. reports $1,581,550,000 sold from 78 investors on its Form D filed Nov 13, 2020. This is cumulative sales since the offering began, not current assets or performance.

Where is Varde Dislocation Fund, L.P. based?

Varde Dislocation Fund, L.P. is based in Minneapolis, Minnesota.

When did Varde Dislocation Fund, L.P. launch?

Varde Dislocation Fund, L.P. reports its first sale in Jun 2020.

Size compared with every private investment fund

Raised more than 97% of the 69 private investment funds based in Minnesota, and more than 95% of all 10,212 that report sales.

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