Ilfryn Carstairs

Ilfryn Carstairs is a Partner, Chief Executive Officer, and Co-Chief Investment Officer. Based in Singapore, he chairs the firm’s Investment Committee and leads the firm’s global business and investment strategy.

Ilfryn joined the firm in 2006 in London, where he played a key role in building Värde’s team and business in the European region. Through his career with the firm, he has invested across a wide spectrum of financial assets ranging from corporate restructurings and liquidations to more actively traded opportunities. Ilfryn was named Partner in 2011 and served as Co-Head of Corporate and Traded Credit managing Värde’s liquid investing activities globally before being named Co-Chief Investment Officer in 2017 along with his move to Singapore. He was named Co-Chief Executive Officer in 2020 before becoming Chief Executive Officer in 2022.

Before joining Värde, Ilfryn worked for Deutsche Bank London in the Financial Sponsors Group, and Pacific Equity Partners, an Australian leveraged buyout firm.

Ilfryn received a B.C. with First Class Honours from the University of Queensland, Australia, and an M.B.A. from INSEAD, France.