Close this search box.

Mark Madsen, CFA®

Research Analyst & Portfolio Manager

Grandeur Peak Tenure

Since 2016

Investment Team

Grandeur Peak Global Contrarian Fund, Portfolio Manager
Grandeur Peak Global Micro Cap Fund, Guardian Portfolio Manager
Grandeur Peak Global Reach Fund, Portfolio Manager
Grandeur Peak International Opportunities Fund, Guardian Portfolio Manager

Specialty Focus

Energy & Materials, Industrials

Industry Experience

19 years

Prior to joining Grandeur Peak, Mr. Madsen worked for four years as a Senior Equity Analyst in a family office. His industry experience started in 2004 at Wasatch Advisors as a junior analyst and was later promoted to a senior research analyst, working on the Wasatch Small Cap Value fund. He developed an expertise in the energy, industrials, and financial sectors.

After four years, Mr. Madsen left Wasatch to found Red Desert Capital in Las Vegas, NV. As Founder and Portfolio Manager, Mr. Madsen successfully launched a concentrated portfolio based on a bottom-up fundamental value investment strategy. He was later recruited by a client to manage a family office in St. George, Utah. As the Chief Investment Officer, he developed an all-cap equity portfolio, managed an income portfolio and was responsible for tracking and evaluating third-party managed accounts.

Education and Accreditations

CFA charterholder
Brigham Young University, BS and Masters in Accounting



Mark enjoys spending time with his family and in the outdoors. He enjoys running, hunting, and fishing.