Early Life and Education
Gregg S. Hymowitz was born on November 16, 1965, in Bellmore, New York. Growing up in a family that valued education, Hymowitz attended John F. Kennedy High School in Bellmore. He pursued higher education at the State University of New York at Binghamton, where he graduated Phi Beta Kappa in 1987. Hymowitz later attended Harvard Law School, earning his Juris Doctor cum laude in 1990. He was also the 1985 Harry S. Truman Scholar from New York.
Rise to Success
Hymowitz began his career as an attorney at Skadden, Arps, Slate, Meagher & Flom, focusing on mergers and acquisitions. In 1992, he transitioned to Goldman Sachs & Co. as an investment banker, eventually rising to Vice President. His entrepreneurial spirit led him to found EnTrust Global in 1997, originally known as EnTrust Capital. Under his leadership, EnTrust Global grew to manage approximately $15.2 billion in assets.
Key Business Strategies
Hymowitz's business strategies include strategic buyouts of partners, mergers, and investments in various sectors. In 2016, EnTrust merged with Legg Mason's hedge fund business. In 2020, Hymowitz reacquired EnTrust from Legg Mason. His investment approach has also involved activist strategies, such as multimillion-dollar commitments alongside prominent hedge fund managers targeting companies like Nestlé.
Philanthropy
Hymowitz is involved in philanthropy. He established the Hymowitz Scholarship for Harpur College undergraduate students. In 2015, he endowed the Hymowitz Family Professorship of the Practice Fund at Duke University's Global Health Institute. He also established and endowed the Jolli Humanitarian Award at Riverdale Country School, recognizing exceptional contributions to humanity.