George Hicks, 62, will become the sole CEO of Värde.
In an interview, Page said she had accomplished her goals with Värde and she will remain one of the two largest shareholders, along with Hicks.
She also will continue to serve on the investment committee and be involved in some firm activities.
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In the 1970s and 1980s, Aarhus became the centre for Denmark's rock music fostering many iconic bands such as TV-2 and Gnags.
Aarhus is home to the annual eight-day Aarhus International Jazz Festival, the SPo T Festival and the North Side Festival.; officially spelled Århus from 1948 until 31 December 2010) is the second-largest city in Denmark and the seat of Aarhus municipality.It is located on the east coast of the Jutland peninsula, in the geographical centre of Denmark, 187 kilometres (116 mi) northwest of Copenhagen and 289 kilometres (180 mi) north of Hamburg, Germany.It is a centre for research and education in the Nordic countries and home to Aarhus University, Scandinavia's largest university, including Aarhus University Hospital and INCUBA Science Park.Being the Danish city with the youngest demographics, with 48,482 inhabitants aged under 18, Aarhus is known for its musical history.Värde also operates a short-term-oriented hedge fund.