About
Mark Henneman is Chairman of the Board and Investment Manager at Mairs & Power, Inc., Minnesota’s oldest independent investment advisory firm, where he leads the board’s activities, oversees firm strategy, and manages investment portfolios for advisory clients. A member of Mairs & Power’s Investment Committee and executive to the firm’s venture capital division, he has played a central role in expanding the firm's service offerings, including the launch of its first municipal bond ETF and growth into private equity.
Throughout his career, Henneman has focused on long-term equity investments, with particular expertise in mid- and large-cap companies headquartered in Minnesota and the Upper Midwest, spanning sectors such as industrials, health care, financials, and technology. He served as lead or co-manager of the Mairs & Power Growth Fund from 2006 to 2020, building a performance record rooted in regional expertise and high-quality business analysis.
Henneman’s prior experience includes investment leadership roles at U.S. Bancorp Asset Management, where he was Process Leader for Mid- and Large-Cap Value Investments, and as Vice President and Portfolio Manager at Advantus Capital Management. He holds a BA from Gustavus Adolphus College, an MBA from the University of Minnesota’s Carlson School of Management, and is a Chartered Financial Analyst (CFA).
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Mairs & Power, Inc. | Chairman and Investment Manager | Jun 2004 to Present | — |
| U.S. Bancorp Asset Management | Process Leader: Mid and Large Cap Value Investments | Jan 2000 to Jan 2004 | — |
| Advantus Capital Management | Vice President and Portfolio Manager | Jan 1998 to Jan 1999 | — |
| The St. Paul Companies, Inc. | Senior Equity Analyst | Jan 1986 to Jan 1998 | — |
Education
Gustavus Adolphus College
Bachelor of Arts - BA
1979 — 1983
University of Minnesota - Carlson School of Management
Master of Business Administration - MBA
Skills & Expertise
Others at Mairs & Power Inc. (12)
| Name | Role | Location |
|---|---|---|
| Investment Manager | Burnsville, MN , United States | |
| Vice President and Investment Manager | Saint Paul, MN , United States | |
G Glenn Johnson | Portfolio Manager | Saint Paul, MN , United States |
M Michelle Warren | Vice President and Investment Manager | Saint Paul, MN , United States |
| VP and Investment Manager, Co-Manager, Small Cap Fund | Saint Paul, MN , United States | |
| Equity Research Associate | Minneapolis, MN , United States | |
| Vice President, Investment Manager | Wayzata, MN , United States | |
| Chief Investment Officer | United States | |
C Chad Kilmer | Vice President and Investment Manager | Saint Paul, MN , United States |
| Senior Research Associate | Minneapolis, MN , United States |
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