Gregory Blotnick

Gregory Joshua Blotnick (born November 12, 1986) is an American hedge fund manager and book author. He was the founder and portfolio manager of Brattle Street Capital, a hedge fund based in New York.

In October 2021, Blotnick pleaded guilty to wire fraud and money laundering charges associated with claiming $4.6 million in fraudulent Paycheck Protection Program (PPP) loans, served two years at FCI Coleman Low.

Early life and education Blotnick was raised in Cambridge, Massachusetts and attended Buckingham Browne & Nichols School. He is the son of author Srully Blotnick, who died in 2004 after a seven-year battle with pulmonary fibrosis. Blotnick has stated that spending his teenage years watching his father slowly die was a "formative event" that led to poor grades and decades of drug abuse.

In 2009, Blotnick graduated from Lehigh University and went to work for long/short equity hedge funds Doubloon Capital, Exis Capital, and Schonfeld Strategic Advisors as a consumer sector specialist.

Career and conviction After earning his MBA at Columbia Business School, Blotnick was hired as an analyst by Citadel LLC in 2017 as part of a five-person team managing over $1 billion in gross market value. In 2019, at age 32, Blotnick founded New York-based Brattle Street Capital. The fund focused on small and mid-cap equities in the Consumer sector, and was named after the street Blotnick grew up on in Cambridge, Massachusetts.

In 2020, the fund suffered "steep losses," and between April 2020 and August 2020 Blotnick applied for five separate Paycheck Protection Program (PPP) loans where he falsified information about the number of employees, federal tax returns, and payroll documentation. In April 2021, Blotnick was arrested by the Manhattan District Attorney. which alleged that the funds were put into brokerage accounts with “nearly 45% of it going into losing stock trades,” stated U.S. Attorney for New Jersey Philip R. Sellinger.

In October 2021, Blotnick pleaded guilty to wire fraud and money laundering charges for submitting fraudulent loan applications as part of the March 2020 COVID-19 economic stimulus bill. U.S. District Judge Brian R. Martinotti also sentenced him to two years of supervised release and ordered restitution of $4.6 million.

In August 2024, Blotnick completed his term at FCI Coleman Low after serving two years in custody, with the remainder of his sentence to be completed on home detention. "It’s a surreal, crazy feeling to walk in there with absolutely nothing and then walk out years later the same way," stated Blotnick, who brought nothing home with him aside from two books: Plutarch's Moralia and Spinoza's Ethics.

Publications Blotnick is the author of two books, Blind Spots: A Riches to Rags Story, and Essays: De Rerum Natura. Both were published in 2025.

Books Blotnick, Gregory (January 9, 2025). Blind Spots: A Riches to Rags Story. . Blotnick, Gregory (August 20, 2025). Essays: De Rerum Natura. .

Personal life Blotnick currently resides in West Palm Beach, Florida.