Robert Citrone
American billionaire hedge fund manager
From Wikipedia, the free encyclopedia
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.
Robert K. Citrone | |
|---|---|
| Born | November 8, 1964 Latrobe, Pennsylvania, U.S. |
| Alma mater | Hampden-Sydney College Darden School of Business |
| Occupation | Hedge fund manager |
| Known for | Co-founder, Discovery Capital Management |
| Spouse | Cindy Citrone |
| Children | 4 |
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]
