Friday, May 18, 2012
Glenn Dubin '78 conferred honorary degree at Stony Brook commencement
Stony Brook, N.Y. - Glenn Dubin '78, an alumnus of Stony Brook University and former member of the football and lacrosse teams, has been conferred the honorary degree of Doctor of Letters and served as the keynote speaker at the 2012 Stony Brook University Commencement Friday at Kenneth P. LaValle Stadium.
As a Stony Brook University alumnus, Dubin has inspired young students and athletes through his actions and his charitable donations. After earning his bachelor's degree in economics from Stony Brook in 1978, Dubin began his career in finance as a retail stockbroker at E.F. Hutton & Co. In 1984, Dubin co-founded Dubin & Swieca Capital Management, a company specializing in alternative investment strategies and recognized as a pioneer in employing multimanager hedge fund portfolios guided by the principles of Modern Portfolio Theory. The success of this company led to the creation of Highbridge Capital Management, an alternative asset management company that Dubin co-founded in 1992. He is now chairman and chief executive officer, and the company has evolved from a multistrategy hedge fund into a diversified investment platform that includes hedge funds, traditional investment management products and credit and equity investments with longer term holding periods. Highbridge and its affiliates manage approximately $29 billion for many of the world's most prominent institutional investors.
Dubin is also a renowned philanthropist. He is a founding board member and former board chair of the Robin Hood Foundation, an organization in New York dedicated to fighting poverty by applying investment principles to charitable giving. Since its inception in 1988, Robin Hood has provided more than $1 billion of grants to the most effective poverty fighting organizations in New York City, becoming an innovative leader in supporting and advocating for the underprivileged and underrepresented. He is also a board member of Mount Sinai Medical Center and the Museum of Modern Art in New York and serves as a member of the Dean's Executive Committee of the Harvard Kennedy School. In 2010, he and his wife Eva Andersson-Dubin, a practicing physician, founded the Dubin Breast Center at Mount Sinai. In 2005, Dubin funded the Glenn Dubin Endowed Scholarship Fund at Stony Brook, which offers scholarships to students from Washington Heights, where he was raised.
In 2010, Dubin donated $4.3 million to the Department of Athletics for the creation of an 8,000 square foot strength and conditioning facility named the Dubin Family Athletic Performance Center, which is scheduled to open in June. The gift was the largest private donation given to a SUNY Athletics department. Dubin, who played both football and lacrosse at Stony Brook, shows his passion for Seawolves athletics as a regular attendee at men's lacrosse and football games.