Varadero Capital

Varadero Capital is a value-driven alternative investment manager that specializes in asset-based finance opportunities. The firm employs dynamic capital allocation across both public and private markets, utilizing sophisticated structuring techniques to optimize risk-adjusted returns. Their investment strategies are primarily focused on opportunities within the United States and Europe, encompassing a diverse range of asset classes.

Founded in New York in 2009 by Fernando Guerrero and Jonah Lansky, Varadero Capital was established to capitalize on specialized credit markets. Fernando Guerrero, who serves as the firm's Managing Partner and Chief Investment Officer, brings over 35 years of extensive experience in structured credit markets. His career includes significant leadership positions at prominent financial institutions such as Merrill Lynch Investment Managers and NIBC Credit Management, where he oversaw North American operations and global structured products.

The firm manages three core asset-based finance strategies: Real Estate, Asset-Backed, and Corporate Credit. The Real Estate strategy involves tactical allocations across commercial real estate credit, including CMBS, CRE CLO, SASB, and whole loans. The Asset-Backed strategy provides creative funding solutions across structured credit markets, covering areas like consumer finance, SME lending, renewable energy, and non-performing loan pools. Lastly, the Corporate Credit strategy focuses on opportunistic investments in corporate credit CLOs, leveraging the full capital stack to identify optimal entry points based on credit cycle analysis. Varadero Capital's investment approach is characterized by a rigorous, repeatable process that uses proprietary technology to identify, diligence, and manage investments with substantial margins of safety, prioritizing the stability of underlying cash flows under stress.

Varadero Capital prides itself on a team of approximately 27-30 alternative investment professionals from diverse backgrounds, collectively speaking 18 languages. This varied expertise fosters a comprehensive understanding and appreciation of risk, which is central to their decision-making process. The leadership, particularly Fernando Guerrero's deep experience in building and managing global securitization and debt capital markets desks, underpins the firm's specialized capabilities in navigating complex credit landscapes.