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Mr Carstairs will retain his role as global co-chief investment officer CIO. Mr Carstairs has been based in Singapore since He joined Varde Partners in in London and played a key role in building the team and business in Europe and Asia, the company said. The company has regional headquarters in Minneapolis, London and Singapore, employing more than people in total. The firm sponsors and manages a family of private investment funds with a global investor base that includes foundations and endowments, pension plans, insurance companies, other institutional investors and private clients.

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The team's experience in consumer finance, combined with the opportunity in the Canadian market, positions Canaccede for future success.

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Andy SzemenyeiChief Executive Officer of Canaccede stated, "We Searchjng excited about partnering with Varde and cooperatively delivering competitive products and high value service to Canadian consumers. Scott CoffinPresident of Canaccede said, "The consumer finance market has changed significantly in recent years, and the near-prime and non-prime consumer is dramatically under-served.

Affirm Financial is well positioned to service this need with our mix of innovative consumer loan and credit card solutions. Fully capitalizing on this opportunity requires the right financial partner, and we are very pleased to extend our twelve year partnership with Varde.

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GMP Securities L. The Firm provides the highest level of service to a select group of sophisticated global investors including foundations and endowments, pension plans, insurance companies, other institutional investors and private clients. Founded inVarde employs people with offices in MinneapolisLondon and Singapore. About Canaccede Financial Group Canaccede Financial Group is a rapidly-growing firm with a vision to be the leading provider of alternative financial services solutions to the Canadian consumer credit market.

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Canaccede employs 43 people with offices in Vare and LondonAian. For more information, visit www. Contact Cision.

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Scott CoffinPresident of Canaccede said, "The consumer finance market has changed significantly in recent years, and the near-prime and non-prime consumer is dramatically under-served. Shannon Gallagher Managing Director.

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