Robert K. Citrone

Overview

Robert K. Citrone is a distinguished hedge fund manager and co-founder of Discovery Capital Management, a firm established in 1999 that specializes in macro investing with a particular emphasis on emerging markets. Under his leadership, Discovery Capital has achieved notable returns, including a 52% net return in 2023, significantly boosting his earnings. The firm's investment strategy involves making macro bets and investing in emerging markets, with a particular focus on Argentina, where it has made substantial investments in bonds and equities. In 2016, after experiencing losses in the previous two years, Discovery Capital's Global Macro Fund produced a 9% gain, reportedly from stock bets made in the last two months of the year. Citrone's investment philosophy is characterized by a focus on macroeconomic trends and a commitment to emerging markets, aiming to capitalize on global economic shifts and opportunities. He has been recognized for his strategic insights and successful investment decisions, solidifying his reputation in the hedge fund industry. In addition to his professional achievements, Citrone and his wife, Cindy, are minority owners of the Pittsburgh Steelers, reflecting their personal and professional ties to the sports industry. Their involvement in the team underscores their diverse investment interests and commitment to their hometown. Overall, Robert K. Citrone's career is marked by a strategic focus on macroeconomic trends and emerging markets, underpinned by a disciplined investment approach and a commitment to delivering value to his investors. His leadership at Discovery Capital Management continues to influence the hedge fund industry, demonstrating the impact of informed macro investing strategies in the global financial landscape.

Investment Focus

• Accredited Investors
• Institutional Investors
• High Net-Worth Individuals

Portfolio Companies