Early Life
Gregg S. Hymowitz was born on November 16, 1965, in Bellmore, New York. He attended John F. Kennedy High School in Bellmore. Hymowitz excelled in academics from an early age. He graduated cum laude from Harvard Law School with a Juris Doctor in 1990. Prior to that, he received a B.A., Phi Beta Kappa, from SUNY Binghamton in 1987. Hymowitz was the 1985 Harry S. Truman Scholar from New York and the 1987 British Hansard Society Scholar.
Rise to Success
Hymowitz began his career as an attorney at Skadden, Arps, Slate, Meagher & Flom, focusing on mergers and acquisitions. In 1992, he joined Goldman Sachs & Co. as a Vice President. In 1997, Hymowitz founded Entrust Global (originally EnTrust Capital). Under his leadership, the firm grew to manage $15.2 billion in assets. He reacquired EnTrust from Legg Mason in 2020 and later sold a 20% stake to the Brunei Sovereign Wealth Fund.
Key Business Strategies
Hymowitz is known for his bold investment strategy. His firm focuses on alternative investments, including hedge funds and private equity. He has engaged in event-driven co-investments, partnering with other investors to finance campaigns. EnTrust Global has also expanded into maritime investing, launching Blue Ocean Funds, which has financed numerous vessels. In 2020, the Blue Ocean Fund closed a $2.1 billion fundraising.
Philanthropy
Hymowitz is an active philanthropist. He established the Hymowitz Scholarship, awarded to undergraduates at Harpur College. Additionally, he endowed the Hymowitz Family Professorship of the Practice Fund at Duke University's Global Health Institute. Hymowitz has also participated in the FTI Consulting Great Charity Challenge, raising $2.5 million for Florida charities, and supports the National Multiple Sclerosis Society and New York Cares. In April 2024, the Youth America Grand Prix unveiled the Marcella Hymowitz Creative Fellowship, funded with a $1 million endowment from the Hymowitz Family Foundation.