How Evolve Ventures Partners Make Deals on Hiking Trails

By AZ Big Media

There are some combinations that simply belong as power duos — chocolate and peanut butter, a good book and cozy blanket, a movie and popcorn (to name a few). The same goes for Heather Personne and Amy Malloy, co-founders and managing principals of Evolve Ventures. When the two met at a ULI Trends Day, they were astonished their paths hadn’t crossed earlier. After all, both women were well known in the Valley commercial real estate market and shared several industry colleagues.

“We joke because at first, we thought we duplicated each other’s strengths too much,” Personne says. “And we were a little worried about that, but then once we started working on things we’re like, ‘no, we complement each other really well.’”

In addition to being complementary in personality attributes, Personne and Malloy quickly realized how simpatico they were professionally as well. And thus, Evolve Ventures was born.

“Even now as we advance a little bit,” Malloy explains, “when it comes to making strategic decisions about our business or when it comes to taking on new business lines or thinking about what we want to do next, we’re always on the same page without having a pre-conference first.”