David Marcus has managed the Evermore Global Value Fund since its inception in 2010 and brings over 30 years of investment management experience with particular focus on European and foreign companies. He began his career in 1988 at Mutual Series Fund under mentor Michael Price, learning the fundamentals of value investing. Marcus previously managed multiple mutual funds representing over $14 billion in assets before founding Marcstone Capital Management in 2000, a Europe-focused long-short equity manager. He co-founded Evermore Global Advisors in 2009 and became CEO of Price Family Office, LLC in September 2022 while continuing as Lead Portfolio Manager. Marcus holds a B.S. in Business Administration with Finance concentration from Northeastern University and is supported by Assistant Portfolio Managers Thomas O and Matthew Epstein, CFA, both promoted in May 2018. The firm underwent structural changes in March 2023 when MFP Investors LLC acquired business assets, though Marcus continued in his portfolio management role.

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Evermore is an opportunistic global special situations investor that invests in complex, misunderstood and under-researched public companies where there appear to be real disconnects between price and intrinsic value, and importantly, where catalysts exist to close these gaps. The strategy focuses on two main categories: 'cheap with a catalyst' investments that require operational improvement rather than growth, and 'compounders' which are family-controlled firms with activist management focused on value creation. The fund maintains an active share of 100.6, reflecting extreme independence from benchmarks and a truly differentiated investment approach. The investment process emphasizes deep fundamental analysis of complex situations, focus on companies with identifiable catalysts for value realization, opportunistic approach to global markets, and concentrated portfolio construction with conviction-weighted positions.

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