MINNEAPOLIS – Värde Partners, a leading global alternative investment firm, is proud to share that co-founders George Hicks and Marcia Page received the Ernst & Young LLP (EY) Entrepreneur Of The Year® 2020 Award in the Heartland region. George and Marcia were among ten winners selected by a panel of independent judges and honored at a virtual award ceremony on October 8.
Pioneers in the early years of the alternative investment industry, George and Marcia, along with retired co-founder Greg McMillan, started Värde in Minneapolis in 1993. They have overseen the firm’s growth from a Midwest start-up to a global enterprise with a 26-year history of more than $75 billion invested across 70 countries.
Today, Värde manages over $14 billion on behalf of a global investor base and remains independently owned with partner-led offices in Minneapolis, New York, London and Singapore. George currently serves as Co-Chief Executive Officer and Marcia Page is Executive Chair.
“It is an honor to be recognized alongside so many successful entrepreneurs,” said George and Marcia. “We are incredibly grateful for the support of our families, the talented partners and employees who have joined us along the way, and to our investors for trusting us to help them achieve their important missions.”
Now in its 34th year, the Entrepreneur Of The Year® program honors entrepreneurial business leaders whose ambitions deliver innovation, growth and prosperity as they build and sustain successful businesses transforming the world. Nominees are evaluated based on six criteria, including overcoming adversity; financial performance; societal impact and commitment to building a values-based company; innovation; and talent management.
The Entrepreneur Of The Year® Awards are nationally sponsored by SAP America and the Kauffman Foundation. In the Heartland, sponsors also include Colliers, Padilla, PNC Bank, Salo and Twin Cities Business.
About Värde Partners
Värde Partners is a leading global alternative investment firm with roots in credit and distressed. Founded in 1993, the firm has invested more than $75 billion since inception and manages over $14 billion on behalf of a global investor base. The firm’s investments span corporate and traded credit, real estate and mortgages, private equity and direct lending. Värde employs more than 300 professionals worldwide with offices in Minneapolis, New York, London, Singapore and other cities in Asia and Europe. For more information, please visit www.varde.com.
Accolades are not indicative of the past or future performance of any Värde product or service. Accolades referenced do not reflect the experiences of any Värde investor and readers should not view such information as representative of any particular investor’s experience or assume that they will have a similar experience as any previous or existing client. The selection of George Hicks and Marcia Page for the above-referenced award arose at least in part from a recommendation submitted by Värde.
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