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Robert Soros Is Stepping Down as President of Soros Family Office

  • He will invest his own money, seeking less liquid investments
  • Soros Fund Management has been making fewer macro bets
Bloomberg business news

Robert Soros Resigns Roles at Soros Family Office

Robert Soros, deputy chairman and president of Soros Fund Management, is resigning from those roles and stepping down from day-to-day management to invest his own money at the $26 billion family office.

The eldest of George Soros’s five children, Robert, 53, will remain an owner at the firm where he has worked in various investment and management roles for more than 20 years, and will continue to be involved in its strategic long-term planning. He’ll create a unit called Soros Capital, which will tend toward illiquid investments including venture capital.