Robert Citrone

Last updated

Robert K. Citrone
Born (1964-11-08) November 8, 1964 (age 60)
Latrobe, Pennsylvania, U.S.
Alma mater Hampden-Sydney College
Darden School of Business
OccupationHedge fund manager
Known forCo-founder, Discovery Capital Management
SpouseCindy Citrone
Children4

Robert K. Citrone (born November 8, 1964) is an American billionaire hedge fund manager, the co-founder of Discovery Capital Management, and minority owner of the Pittsburgh Steelers.

Biography

Citrone was born in Latrobe, Pennsylvania, and grew up in Pittsburgh. [1] [2] Citrone received a bachelor's degree in Economics and Math with honors from Hampden-Sydney College in 1987. After a short stint in the fixed income trading group at First Boston, Citrone enrolled in the MBA program at the Darden School of Business where he graduated as a Shermet Scholar in 1990.

In 1990, Citrone was hired as a corporate-bond analyst at Fidelity Investments. [3] At Fidelity, Citrone ran the Emerging Market Fixed Income and Currency Group, which he grew to over $7 billion in assets under management. He resigned from Fidelity in 1995 and joined Tiger Management. [3] At Tiger, Citrone worked as a managing director and led global emerging market investments. In 1999, Citrone co-founded Discovery Capital Management. [4]

Citrone has four children with his wife, Cindy. He and Cindy are minority owners of the Pittsburgh Steelers. [5] In 2016, Robert and Cindy were awarded the Dr. Freddie Fu Sports Leadership Award for giving back to their hometown. [6]

In September 2025, it was reported that Treasury Secretary Scott Bessent’s $20 billion Argentinian bailout would deliver a significant windfall to Citrone, an old friend of Bessent's. [7] [8] Bessent and Citrone had been colleagues while working for Soros Fund Management. [9]

References

  1. ↑ Solomont, E. B. (March 5, 2021). "This "Tiger Cub" hedge funder owns nearly 10% of Compass". The Real Deal. Retrieved October 30, 2024.
  2. ↑ Werner, Sam (January 31, 2016). "Citrone couple's philanthropy worthy of Dr. Freddie Fu Leadership Award | Pittsburgh Post-Gazette". Post-gazette.com. Retrieved May 1, 2017.
  3. 1 2 Chung, Juliet (September 20, 2013). "Hedge-Fund Manager Citrone Posts Big Gains". Wall Street Journal. ISSN   0099-9660 . Retrieved October 3, 2019.
  4. ↑ "Robert Citrone". Forbes.com. Retrieved May 1, 2017.
  5. ↑ Brown, Scott (March 18, 2015). "Pittsburgh Steelers ownership at a glance". espn.com. Retrieved May 29, 2019.
  6. ↑ "Citrone couple's philanthropy worthy of Dr. Freddie Fu Leadership Award". Pittsburgh Post-Gazette. Retrieved October 3, 2019.
  7. ↑ Cassidy, John (October 20, 2025). "Donald Trump's Forty-Billion-Dollar Exception to "America First"". New Yorkers . Retrieved October 20, 2025.
  8. ↑ Legum, Judd. "UPDATE: Hedge fund billionaire pressed Treasury Secretary for Argentina bailout, Argentine media reports". popular.info.
  9. ↑ McCoy, Robert (October 15, 2025). "Trump's Massive Argentina Bailout Set to Benefit One GOP Billionaire". The New Republic . Retrieved October 15, 2025.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.