VARDE ASIA CREDIT FUND, L.P.
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Raised
$258M
Investors
11
Min Invest
None stated
Is this your company or fund? Claim this page free, or verify it and carry the Verified Issuer mark.
What this filing shows
·Every sentence is a value as filed on SEC Form D
VARDE ASIA CREDIT FUND, L.P. is a Cayman Islands limited partnership organized in 2018 that first filed a Form D on May 1, 2018 and most recently amended it on August 20, 2018, describing itself as a other investment fund. The offering claims Rule 506(b), Section 3(c), Section 3(c)(7) and covers pooled investment fund interests. VARDE ASIA CREDIT FUND, L.P. reported $258,200,000 sold from 11 investors in an offering of indefinite size as of the Form D filed August 20, 2018. The filing states that the figure is combined across related vehicles, so it is not this entity's figure alone. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names ALTMENT CAPITAL PARTNERS, S.L., associated with None as the recipient of sales compensation. Sales commissions are reported as $30,000 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 901 Marquette Avenue South, Suite 3300, Minneapolis, MN 55402.
EDGAR Filing Data
Form D — Primary Source
View on SEC.govFilings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
In the Terminal
Filing events
0
none on file
Critical / warning
0 / 0
0 watch · 0 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
lapsed
Fund family Part of the VARDE ASIA CREDIT FUND family: 8 vehicles across 2 generations · adviser of record Varde Management, L.P. · full family and the filing behind each link in the terminal
Investor
- The full fund family and any related vehicles (parallel, feeder, successor, sibling series) with the filing that shows each link
- 1 offering timeline: velocity, share raised, first-sale lag, stalled flags
Pro
- This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
- The same events, statements and NAV moves across every issuer, screenable, with unlimited watches and CSV
Counts and dates above are the free record. The values, the series and the comparisons are the seat. Loading your view…
Adviser of Record (Form ADV)
CRD 148949 · SEC-registered adviser · lists this fund on Schedule D 7.B.(1) as a hedge fund
Auditor named on Form ADV: Kpmg, LLP · PCAOB-registered per the adviser
From the adviser's Form ADV as loaded from the SEC bulk data, joined on this issuer's Form D file number. Fund-level figures and the adviser's full fund roster are in the terminal.
Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
GEORGE G. HICKS
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
MARCIA L. PAGE
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
JEREMY D. HEDBERG
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
RICK J. NOEL
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
ANDREW P. LENK
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
ILFRYN C. CARSTAIRS
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
ALI M. HAROON
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
BRADLEY P. BAUER
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
TIMOTHY J. MOONEY
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
GIUSEPPE J. NAGLIERI
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
DAVID A. MARPLE
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
JONATHAN A. FOX
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
BRIAN C. SCHMIDT
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
SCOTT T. HARTMAN
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
FRANCISCO T. MILONE
Executive Officer · MINNEAPOLIS, MN
PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)
Placement Agents and Sales Compensation (Form D)
Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.
ALTMENT CAPITAL PARTNERS, S.L.
Associated broker-dealer: None · BARCELONA, U3 and outside the United States
Questions About VARDE ASIA CREDIT FUND, L.P.
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is VARDE ASIA CREDIT FUND, L.P.?
VARDE ASIA CREDIT FUND, L.P. is a Cayman Islands limited partnership organized in 2018 that filed a Form D with the SEC on August 20, 2018 as a other investment fund. The filing claims Rule 506(b), Section 3(c), Section 3(c)(7) for an offering of pooled investment fund interests.
Is VARDE ASIA CREDIT FUND, L.P. legit?
AltStreet does not rate legitimacy; it reports the public record. VARDE ASIA CREDIT FUND, L.P. filed a Form D with the SEC on August 20, 2018 claiming Rule 506(b), Section 3(c), Section 3(c)(7). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $258,200,000 sold to 11 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is VARDE ASIA CREDIT FUND, L.P. registered with or approved by the SEC?
No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that VARDE ASIA CREDIT FUND, L.P. claimed Rule 506(b), Section 3(c), Section 3(c)(7) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has VARDE ASIA CREDIT FUND, L.P. raised?
VARDE ASIA CREDIT FUND, L.P. reported $258,200,000 sold from 11 investors in an offering of indefinite size as of the Form D filed August 20, 2018. The filing states that the figure is combined across related vehicles, so it is not this entity's figure alone.
Who can invest in VARDE ASIA CREDIT FUND, L.P.?
The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. Because the fund also relies on Section 3(c)(7), each investor must be a qualified purchaser, generally an individual with at least $5 million in investments. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.
What is the minimum investment in VARDE ASIA CREDIT FUND, L.P.?
The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.
Who is selling VARDE ASIA CREDIT FUND, L.P. and how are they paid?
The Form D names ALTMENT CAPITAL PARTNERS, S.L., associated with None as the recipient of sales compensation. Sales commissions are reported as $30,000 and finders' fees as $0. Form D allows these to be estimates.
Who is behind VARDE ASIA CREDIT FUND, L.P.?
The Form D lists 15 related persons: GEORGE G. HICKS, executive officer (PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)); MARCIA L. PAGE, executive officer (PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)); JEREMY D. HEDBERG, executive officer (PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)); RICK J. NOEL, executive officer (PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)); ANDREW P. LENK, executive officer (PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)); ILFRYN C. CARSTAIRS, executive officer (PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)); ALI M. HAROON, executive officer (PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)); BRADLEY P. BAUER, executive officer (PRINCIPAL OF VARDE PARTNERS, INC. (THE ULTIMATE GENERAL PARTNER OF THE GENERAL PARTNER OF THE ISSUER)), and 7 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is VARDE ASIA CREDIT FUND, L.P. located?
The issuer's address on its SEC filings is 901 Marquette Avenue South, Suite 3300, Minneapolis, MN 55402. Its phone number of record is (952) 893-1554. It is organized under the laws of Cayman Islands.
How long is the VARDE ASIA CREDIT FUND, L.P. offering open?
The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open; 1 amendment is on record for this CIK.
How large is VARDE ASIA CREDIT FUND, L.P.?
The issuer declined to disclose its net asset value range on the Form D, which the form permits.
Is this your company or fund?
Free claim: add your contact details, website, team and a description to this page. The filed facts stay as filed.
Verified Issuer, $480 a year: AltStreet checks the identity of your company and the authority of the person claiming it against your filings, confirms your contact details on a stated date and again at each renewal, and marks the page so people researching you find a current, attributed profile beside the public filing record. It is not a review of any offering.
Data Methodology
Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.