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Värde Partners names co-chief investment officers

Värde PartnersInc. promoted Ilfryn Carstairs and Jeremy Hedberg to co-chief investmentofficers, Pensions & Investments reported,citing a spokeswoman.

Carstairs and Hedberg will take on their new positions, effectiveJan. 1, 2017, with current Chief Investment Officer and CEO George Hicks, according to the report. Hicks will focus solelyon the CEO role on Jan. 1, 2018, while Carstairs and Hedberg will continue as co-chiefinvestment officers.

Carstairs and Hedberg were previously partners and global co-headsof corporate and traded credit, the news publication said.