Robert Citrone

Last updated

Robert K. Citrone
Born (1964-11-08) November 8, 1964 (age 59)
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.

Contents

Early life

Citrone was born in Latrobe, Pennsylvania, and grew up in Pittsburgh. [1] [2]

Citrone has a bachelor's degree from Hampden-Sydney College, and an MBA from the Darden School of Business. [3]

Career

In 1990, Citrone was hired as a corporate-bond analyst at Fidelity Investments. [4] He resigned from Fidelity in 1995 and joined Tiger Management. [4] In 1999, Citrone co-founded Discovery Capital Management. [3]

Personal life

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]

Related Research Articles

<span class="mw-page-title-main">Freddie Fu</span> Hong Kong-American doctor, academic, and surgeon (1950–2021)

Freddie H. Fu (Chinese: 傅浩強; Jyutping: Fu6 Hou6-koeng4; was a Hong Kongese-American doctor and academic. He was the David Silver Professor and chairman of the Department of Orthopaedic Surgery at the University of Pittsburgh School of Medicine. In 2010, he was appointed by the University of Pittsburgh as the eighth distinguished service professor. He died due to metastatic melanoma on 24 September 2021.

Julian Hart Robertson Jr. was an American hedge fund manager, and philanthropist.

<span class="mw-page-title-main">Dan M. Rooney</span> American football executive/owner, philanthropist and diplomat (1932–2017)

Daniel Milton Rooney was an American professional football executive and diplomat best known for his association with the Pittsburgh Steelers of the National Football League (NFL), and son of the Steelers' founder, Art Rooney. He held various roles within the organization, most notably as president, owner and chairman.

Stanley Freeman Druckenmiller is an American billionaire investor, philanthropist and former hedge fund manager. He is the former chairman and president of Duquesne Capital, which he founded in 1981. He closed the fund in August 2010, at which time it had over $12 billion in assets. From 1988 to 2000, he managed money for George Soros as the lead portfolio manager for Quantum Fund. He is reported to have made $260 million in 2008.

<span class="mw-page-title-main">Mark Nordenberg</span>

Mark A. Nordenberg is the chancellor emeritus of the University of Pittsburgh and chair of the university's Institute of Politics. A professor of law and university administrator, Nordenberg served as the seventeenth Chancellor of the University of Pittsburgh from 1996 to 2014. Nordenberg served as the Dean of the University of Pittsburgh School of Law between 1985 and 1993 and other various administrative positions before becoming interim Chancellor of the University of Pittsburgh in 1995, a position which became permanent the following year. He became known as Nordy to many Pitt students, who voted to name a recreation center and arcade in the William Pitt Union as Nordy's Place, and is also the namesake of the university's endowed Nordenberg Scholarships and the Nordenberg Hall dormitory on the university's campus.

<span class="mw-page-title-main">David Tepper</span> American billionaire businessman

David Alan Tepper is an American billionaire hedge fund manager. He is the owner of the Carolina Panthers of the National Football League (NFL) and Charlotte FC in Major League Soccer (MLS). Tepper is the founder and president of Appaloosa Management, a global hedge fund based in Miami Beach, Florida.

<span class="mw-page-title-main">Anne Dias-Griffin</span> French-American investor (born 1970)

Anne Dias-Griffin is a French-American investor. She is the founder and chief executive officer of Aragon, an investment firm active in global equities, with a focus on the internet, technology, and consumer sectors, as well as alternative assets.

<span class="mw-page-title-main">Liongate Capital Management</span>

Liongate Capital Management was a global investment management firm, focused on creating and managing fund of hedge fund investments for institutional and private investors. Liongate was founded in 2003 by Ben Funk, Jeff Holland and Randall Dillard and was closed in 2015. Prior to its closure it managed a range of funds of hedge funds, and some bespoke multi-strategy funds, in both commingled funds and tailored, single client portfolios.

Marc Lasry is a Moroccan American billionaire businessman and private equity manager. He is the co-founder and chief executive officer (CEO) of Avenue Capital Group. He was a co-owner of the NBA's Milwaukee Bucks basketball team from 2014 to 2023.

<span class="mw-page-title-main">UPMC Rooney Sports Complex</span> Multi-sport training facility

The UPMC Rooney Sports Complex is a multipurpose, multisport training, sports science, and sports medical complex of the University of Pittsburgh Medical Center. The complex is located along the shore of the Monongahela River in Pittsburgh, Pennsylvania, and is unique in that it is the only facility in the United States housing the practice and training facilities for both a collegiate National Collegiate Athletic Association (NCAA) football team and a professional National Football League (NFL) team, the Pittsburgh Panthers and Pittsburgh Steelers respectively. It is also unique in that it combines these training facilities in one location with an academically based sports science and medicine program. The complex consists of four centers which include the Center for Sports Medicine, Sports Training Center, Indoor Training Center, and the Fitness and Conditioning Center located in three buildings along with four outdoor practice fields all situated on 40 acres (16 ha) of land. The UPMC Center for Sports Medicine located in the complex is an international destination for amateur and professional athletes alike for its training, medical, and rehabilitation studies and services.

<span class="mw-page-title-main">Daniel Och</span> American financier and billionaire

Daniel Och is an American billionaire hedge fund manager, and philanthropist. He is the founder, chairman and former CEO of Och-Ziff Capital Management, a global hedge fund and alternative asset management firm. According to Forbes he has a net worth of US$3.6 billion, as of August 2021.

<span class="mw-page-title-main">Chatri Sityodtong</span> Thai businessman and CEO of ONE Championship

Chatri Trisiripisal, known by the ring names Chatri Sityodtong and Yodchatri Sityodtong, is a Thai entrepreneur and martial arts instructor based in Singapore.

Lee S. Ainslie III is an American businessman who founded the hedge fund firm Maverick Capital. He is also a board member of the Robin Hood Foundation and owns a minority stake in the Washington Commanders of the National Football League (NFL).

<span class="mw-page-title-main">Jeffrey Vinik</span> American businessman

Jeffrey N. Vinik is an American investor and sports team owner. He worked at Fidelity Investments and managed a private hedge fund, and is the current owner of the Tampa Bay Lightning and a minority owner of the Boston Red Sox. He served on the board of directors for Liverpool Football Club of the Premier League from 2010–2013.

<span class="mw-page-title-main">Glenn Dubin</span> American hedge fund manager (born 1957)

Glenn Russell Dubin is an American billionaire hedge fund manager and the Principal of Dubin & Co. LP, a private investment company. He is the co-founder of Highbridge Capital Management, an alternative asset management company based in New York City, and a founding board member of the Robin Hood Foundation.

<span class="mw-page-title-main">Donald Sussman</span> American asset manager (born 1946)

Selwyn Donald Sussman is an American asset manager and philanthropist who is the founder and chief investment officer of the Paloma Funds. Sussman has served on the boards of a number of civic, cultural, educational, and research institutions and is a major contributor to Democratic candidates and causes.

Larry Robbins is an American hedge fund manager and philanthropist. He is the chief executive of Glenview Capital Management, a hedge fund with approximately $7.7 billion of capital under management as of March 2019.

Citrone/Buhl Autosport was an American racing team, that competed in the NTT IndyCar Series with Rahal Letterman Lanigan Racing as technical team and Spencer Pigot as a driver.

<span class="mw-page-title-main">Gabe Plotkin</span> American businessman

Gabe Plotkin is an American businessman, the founder and chief investment officer of former Melvin Capital Management and Tallwoods Capital LLC. He is also a majority owner and co-chairman of the Charlotte Hornets of the NBA.

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 "Robert Citrone". Forbes.com. Retrieved May 1, 2017.
  4. 1 2 Chung, Juliet (September 20, 2013). "Hedge-Fund Manager Citrone Posts Big Gains". Wall Street Journal. ISSN   0099-9660 . Retrieved October 3, 2019.
  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.