Capital Allocators – Inside the Institutional Investment Industry Marcia Page – Corn Capitalist with a Velvet Hammer at Värde and MPowered (EP.355)
Dec 11, 2023
Marcia Page, Co-Founder and Executive Chair of Värde Partners and Founder of MPowered Capital, is a pioneer in alternative investments. She discusses her roots in Minnesota, the transition from Cargill to founding Värde, and her commitment to enhancing diversity in finance. Marcia highlights her innovative initiatives at MPowered that empower underrepresented talent. The conversation also explores the importance of decentralized decision-making and the evolving dynamics of high yield markets, showcasing her extensive expertise and leadership journey in the industry.
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Early Influences
- Marcia Page's early work with her father in his drugstore taught her about business and customer service.
- Her mother's role as the first woman mayor of Olivia, Minnesota instilled in her a visionary and strategic mindset.
Cargill Entry
- Marcia's finance career began at Cargill when she was asked to analyze a high-yield bond.
- This led to her becoming a credit analyst on a new trading desk.
Integrity in Early High-Yield
- The high-yield market's early days emphasized integrity, reflected in Cargill's decision.
- They cut off a counterparty for unethical practices.
