Eric Udoff

Eric Udoff is a prominent figure in the hedge fund industry, serving as the Co-Founder, Managing Partner, and Co-Chief Investment Officer at Marlowe Partners, a hedge fund based in New York City. Marlowe Partners specializes in concentrated investments in global equity and credit securities, focusing on undervalued companies poised for growth due to market trends. The firm was established in 2013 by Udoff and David Steinberg, both of whom have extensive backgrounds in investment management.

Education and Early Career

Udoff graduated magna cum laude with a Bachelor of Science in Applied Economics and Management from Cornell University. Following his education, he spent seven years at Appaloosa Management, where he specialized in equity, distressed credit, and special situation investments. At Appaloosa, he worked closely with founder David Tepper, gaining valuable insights into investment strategies and decision-making processes.123

Role at Marlowe Partners

At Marlowe Partners, Udoff oversees all investment vehicles managed by the firm and plays a key role in its Investment and Risk Committees. The firm is known for its rigorous research process that combines qualitative and quantitative analysis to identify mispriced assets. Marlowe maintains a concentrated portfolio, with its top ten investments often comprising a significant portion of its assets.23

Marlowe has achieved impressive performance metrics since its inception, with annualized returns exceeding 30% net between January 2019 and August 2021. Udoff emphasizes a disciplined approach to investing, focusing on long-term value creation while managing risks effectively.3

Personal Insights

Udoff has been vocal about the importance of understanding the companies in which they invest. He believes that deep fundamental research is essential to minimize mistakes and recognize patterns that can lead to successful investments. His investment philosophy incorporates considerations of environmental, social, and governance (ESG) factors, although Marlowe is not strictly an ESG fund.34

Overall, Eric Udoff's career reflects a strong commitment to value investing and a strategic approach to asset management, positioning Marlowe Partners as a significant player in the hedge fund landscape.