Värde Asia Credit Fund will target property debt and other forms of private debt. : Värde Partners has exceeded its $250m (€220.6m) capital raising target for its Asia credit fund by 60%. The global alternative investment firm said its Värde Asia Credit Fund, which invests in real estate debt and other forms of private debt, has received $400m of committed capital and closed after six months. The manager said the fund received commitments from a global and diverse base of investors, including public and private pensions, endowments, foundations and family offices across North America, Europe and Asia.