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Robert Zicarelli - Class Of 1942

Robert Francis Zicarelli, 77, of Rio Verde, AZ, born February 20, 1924 in Kenosha, WI, passed away peacefully at home on August 2, 2001.

He was a nationally honored pioneer of the venture capital industry, directly and indirectly responsible for thousands of new jobs and the success of countless businesses.

He was active in his church and community, quietly supporting the growth and development of individuals with whom he came in contact.

Mr. Zicarelli served in the Army Air Force during World War II, received B.S. and MBA degrees from Northwestern University, and worked as an investment analyst for Northwestern University and the Allstate Insurance Company.

He joined Norwest Growth Fund in 1961 and served in several capacities including vice president, director, president and chief executive officer.

Norwest Growth Fund and its successor companies were one of the largest venture capital groups in the country.

He is survived by his wife of 54 years, Mary; four sons, John, Jim, Tom and David; and grandchildren.

Services were held at the Rio Verde Community Church on August 11, 2001.