Business & Entrepreneurship

Return on Investment
From ENGN 9 to managing $11 billion

By Will Bunch '81 / November–December 2024
November 15th, 2024

As a rising star on the basketball court at Good Counsel High School in Rockville, Md., in the late 1990s, Earl Hunt II ’03 probably could have gone anywhere to play ball. But for his mom, a Howard University alumna who’d been the first person in the family to graduate from college, “Education was certainly a very high priority,” Hunt recalls. And he was intrigued by Brown’s Open Curriculum: “That’s what started my journey.”

Image of Earl Hunt II dribbling the ball in a Brown basketball game
After shattering Brown records, Hunt played pro ball in Portugal.PHOTO: BROWN ATHLETICS

Hunt shattered most of the Bears’ records as a three-time First Team All-Ivy selection who became the only player in school history to score more than 2,000 points while leading Brown to three of its winningest seasons, including a 2003 trip to the National Invitational Tournament, or NIT.

Then the economics concentrator pivoted to Citigroup and Goldman Sachs—before landing his current role as partner and CEO of Apollo Debt Solutions.

Hunt says he honed his critical thinking skills in professor James Morone’s long-running class on city politics, while another legendary course, Barrett Hazeltine’s ENGN 9 (see p. 60), was even more influential—“I was into that course, working the case studies,” which were great practice for the real world of high finance, including Hunt’s speciality at Goldman: bringing distressed businesses back to life.  At Apollo Debt Solutions, which offers business-development loans to non-public companies, Hunt oversees $11 billion in assets.

Mindful of his own family’s journey from a tough D.C. neighborhood, Hunt also volunteers, including serving as cochair of the grants committee of the Apollo Opportunity Foundation, which gives grants to organizations that help the less privileged. During 2020’s George Floyd protests, Goldman brass tapped him to lead a web discussion of the underlying issues. Also that year, Hunt joined the Brown Corporation’s Board of Trustees, where he has focused on raising money for the university’s annual fund, which boosts dollars for financial aid. In a difficult time for higher education in the U.S., Hunt remains bullish. “We’re there to ensure that we produce an intellectual environment that will shape the careers and lives of future generations,” he says. “If that is our north star as a Corporation, we’re going to achieve our goals.”

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November–December 2024