Marcia Page is a Co-Founder and Co-Executive Chair. She is a member of the firm’s Investment Committee. Based in Minneapolis, Marcia co-founded the firm in 1993. Marcia is also Founder and CEO of MPowered Capital, an investment firm established to invest in best-in-class female and other underrepresented investment talent in the alternative markets. As a founder of Värde, Marcia has overseen every aspect of the firm’s growth, ranging from the development of the original investment thesis, to raising capital for Värde’s funds, to the crafting of the firm’s investor communications, to the development of the firm’s infrastructure. Marcia built the liquid investing side of the business, first focusing on all aspects of the day-to-day investing and portfolio management and then building the business on a world-wide basis, including moving to London as she built the liquid side of the business there. Marcia has played key roles in various portfolio companies owned by the Värde funds as well as serving on creditors’ committees. Marcia transitioned from Co-Chief Executive Officer and Co-Chief Investment Officer to Executive Chair in 2016. Prior to founding Värde, Marcia served as vice president of EBF & Associates, an alternative investment firm, where she managed Merced Partners, an investment partnership. Prior to EBF & Associates, Marcia traded distressed and high-yield bonds and managed fixed-income portfolios at Cargill. Marcia graduated from Gustavus Adolphus College, Minnesota with a B.A. in Economics, and received an M.B.A. from the University of Minnesota. Marcia is active on external boards and investment committees, including serving as the Chair of the Gustavus Adolphus Board of Trustees and a member of the Constellation Fund Board.