---
title: "The Varde Fund XI (Master), L.P. — Ownership Dossier"
canonical: https://whiteintel.dev/entity/b8da15f8-c385-59a9-b419-ca29a633c475
json: https://whiteintel.dev/api/public/dossier/b8da15f8-c385-59a9-b419-ca29a633c475
identifier: icij:icijol-80132866
jurisdiction: US
risk: High
source: WhiteIntel corporate-ownership graph
---

# The Varde Fund XI (Master), L.P.

**Type:** Organization  
**Jurisdiction:** [US](https://whiteintel.dev/jurisdictions/us)  
**Identifier:** `icij:icijol-80132866`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/b8da15f8-c385-59a9-b419-ca29a633c475  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/b8da15f8-c385-59a9-b419-ca29a633c475  

## Ownership & control

### Holdings / subsidiaries

- **Dreyfus Limited** (shareholder of) — https://whiteintel.dev/entity/5040300c-bcb0-5a08-a003-8b69436e5d15
- **KWVF Panther Holdco Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/2e2515b5-dd29-5721-b8d1-6a7c703305de
- **Bootle Strand Property Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/26671610-2dc0-5141-bb12-c800dd877f78
- **County Square Property Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/611ad1d2-7797-5f66-b0cd-c97e06fda9bb
- **Haymarket Property Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/feea5756-94b6-553e-9429-e864faff2f19
- **Rivergate Property 1 Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/d912059f-c17c-53b4-bfb7-2d4001326f09
- **Rivergate Property 2 Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/63b9ec74-7c9f-519a-b837-9c8fe94230b0
- **Durham Gate Property Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/b16937f4-4730-5dee-a254-5879c5461de2
- **Town Square Property Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/b5643e93-25ce-51f0-889f-db8e056099f6
- **Oldham Spindles Property Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/1adfb354-a536-5e87-a37b-d239744b14fa
- **Swansgate Property Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/ab0299d1-fde6-5bf6-a2f3-d864efeab5c6
- **Cavalli Limited** (ultimate beneficial owner of) — https://whiteintel.dev/entity/85c64ab1-7c08-518d-86f5-87faaef8e0b6

…and **13** more subsidiaries/holdings. Resolve the full list with `get_dossier` on the WhiteIntel MCP (`npx -y @whiteintel/mcp-server`) or a one-off dossier — https://whiteintel.dev/pricing.

## Provenance

- ICIJ Offshore Leaks — https://offshoreleaks.icij.org/nodes/80132866

## Get the full, resolved dossier (agent-callable)

The above is the free teaser. The resolved **multi-hop UBO chain**, ownership **%**, full **financial history**, itemised **assets** and the hop-by-hop **exposure path** are the paid depth — callable as tools from your agent:

```bash
npx -y @whiteintel/mcp-server   # then: get_dossier · trace_ownership_path · check_offshore_exposure
```

Or unlock a one-off cited dossier for **The Varde Fund XI (Master), L.P.** — https://whiteintel.dev/entity/b8da15f8-c385-59a9-b419-ca29a633c475 · pricing https://whiteintel.dev/pricing.

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **The Varde Fund XI (Master), L.P.**. Human view: https://whiteintel.dev/entity/b8da15f8-c385-59a9-b419-ca29a633c475 · Structured JSON: https://whiteintel.dev/api/public/dossier/b8da15f8-c385-59a9-b419-ca29a633c475._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._