ENTRUST GLOBAL PARTNERS L L C

EnTrust Global Partners, LLC (legal name ENTRUST GLOBAL PARTNERS L L C) is an alternative investment management entity within the EnTrust Global platform, filing with the U.S. Securities and Exchange Commission under CIK #0001080818. The firm is headquartered in New York, NY, and operates as an SEC-registered investment adviser focused on multi-manager and direct alternative strategies, with an emphasis on hedge fund solutions, co-investments, and specialized mandates for institutional allocators. EnTrust Global was founded by Gregg S. Hymowitz in 1997 and has developed a broad alternatives franchise spanning multi-strategy hedge fund portfolios, opportunistic credit, special situations, and real asset–related opportunities. EnTrust Global Partners, LLC functions as one of the group’s advisory entities, overseeing specific products or account structures and providing discretionary portfolio management to institutional clients and sophisticated investors. The firm is required to file Form 13F due to the level of discretionary authority it exercises over U.S.-listed equity securities and certain equity-linked instruments. These filings capture the long U.S. equity portion of the book managed by EnTrust Global Partners, LLC, including individual stocks, certain ETFs, and occasionally other reportable securities. While this reporting does not encompass the full spectrum of the firm’s alternative and derivative activities, it provides a standardized, regulator-defined view of the equity sleeve managed under this entity. Within a 13F History framework, the CIK #0001080818 identifier serves as the anchor that connects EnTrust Global Partners, LLC’s quarterly holdings reports, any related ADV disclosures, and its evolving public-equity exposures. An analytics platform can organize these regulatory filings into time series, but the filings themselves remain the primary factual record of the firm’s disclosed positions.

At the platform level, EnTrust Global is known for constructing multi-manager, multi-strategy solutions and direct/co-investment programs across event-driven, opportunistic credit, and other specialized hedge fund styles. Strategies typically blend manager selection, structured solutions, and deal-specific co-investments designed to exploit idiosyncratic catalysts, complex capital structures, and dislocations in credit and real asset markets. EnTrust Global Partners, LLC participates in this broader framework as an advisory vehicle, managing mandates that may combine allocations to underlying managers with direct positions in equities and equity-linked instruments. The 13F-visible sleeve for this entity will typically include: - Equity stakes related to event-driven or special situations opportunities (e.g., restructurings, mergers, spin-offs, recapitalizations). - Positions linked to opportunistic and structured credit strategies where equity or equity-like instruments are part of the capital structure solution. - Select ETF or listed vehicle exposures used to express thematic or hedging views within multi-strategy portfolios. The resulting style, as inferred from holdings, is generally multi-strategy and catalyst-driven rather than purely growth or value. Sector exposures can vary meaningfully over time, reflecting the opportunity set in credit and event-driven markets rather than a static benchmark orientation. Some mandates lean toward value and restructuring themes, while others allocate to more market-neutral or relative-value hedge fund managers whose underlying positions are only partially visible via 13F. Because a material share of EnTrust Global Partners, LLC’s economic exposures may reside in instruments not reported on Form 13F (non-U.S. securities, derivatives, loans, private or bespoke structures), the filings should be viewed as a partial but informative window into its activity. By tracking how the 13F Portfolio Composition evolves—across sectors, market-cap buckets, and individual names—analysts can infer strategic tilts and how the firm adapts to changing market regimes. A Portfolio Simulator or Backtesting Service can then be used to convert this holdings history into an indicative Historical Track Record for the long U.S. equity sleeve, without substituting for the firm’s own disclosures about its complete alternative portfolio.

EnTrust Global Partners, LLC, operating under CIK #0001080818, is a New York–based SEC-registered adviser within the EnTrust Global alternatives platform. Its activities center on multi-manager and direct/co-investment strategies across event-driven, credit, and special situations, delivered primarily to institutional allocators seeking differentiated sources of alpha and diversification away from traditional long-only equity and bond portfolios. From a data standpoint, the firm’s Form 13F filings provide a consistent, regulator-defined record of its long U.S. equity and certain equity-linked holdings. Organized into time series, these filings enable detailed analysis of changes in 13F Portfolio Composition, sector tilts, concentration in top positions, and the evolution of trading behavior across market cycles. By combining holdings with pricing and benchmark data, an allocator can reconstruct an indicative Historical Track Record for the visible sleeve, estimate its Volatility Profile, and compute risk-efficiency statistics such as Sharpe Ratio within an integrated Backtesting Service or Portfolio Simulator. Because EnTrust Global Partners, LLC operates in complex alternative strategies where significant exposures lie outside the scope of 13F reporting, any 13F-based historical replication should be treated as a partial view rather than a complete representation of the firm’s multi-strategy capital trajectory. A key open question for allocators is how the event-driven and credit-oriented opportunity set accessed by EnTrust Global Partners, LLC is likely to behave under different market regimes—particularly during periods of shifting liquidity, changing interest-rate dynamics, and pronounced rotations in credit and equity risk premia.

As an alternative multi-strategy and multi-manager platform, EnTrust Global generally emphasizes diversification across managers, strategies, and underlying deals, with the objective of delivering differentiated, risk-adjusted outcomes relative to traditional equity and credit benchmarks. EnTrust Global Partners, LLC’s risk profile is shaped by its allocations to event-driven situations, opportunistic and structured credit, and co-investments, which introduce a mix of idiosyncratic, credit, liquidity, and event risk alongside more conventional market exposure. Within the 13F-reportable book, risk often manifests through concentrated positions in specific issuers or themes tied to discrete corporate or asset-level events. While some exposures may be partially hedged or paired with non-13F instruments, the visible holdings can still display meaningful issuer- and sector-specific risk. The cadence of position changes across filings provides insight into whether the firm tends to hold through full event cycles or adjusts more actively around milestones and shifting risk/reward profiles. Using the 13F data as a starting point, an analytics framework can estimate the historical Volatility Profile of the disclosed sleeve, including its sensitivity to broad equity indices, sector factors, and style characteristics such as value, quality, or momentum. From the reconstructed capital path, allocators can derive summary measures such as Sharpe Ratio, observe drawdown patterns during stressed episodes, and compare these risk-adjusted outcomes to peer multi-strategy or event-driven managers. These metrics, however, capture only the behavior of the long U.S. equity holdings; they exclude many of the hedging, credit, and private exposures that are central to the full risk posture of EnTrust Global Partners, LLC mandates. Stress-testing the reconstructed portfolio through historical scenarios—via Performance Backtests Online—can help frame how the equity sleeve might have behaved under different macro shocks (credit spread widening, rate volatility, sector rotations). Such analysis is best interpreted alongside the firm’s own risk reporting, recognizing that multi-strategy and co-investment vehicles often include structural protections, covenants, or non-listed instruments that materially influence downside characteristics beyond what 13F alone can reveal.