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About
Russ Chong is a Partner and Co-Head of Royalty and Structured Solutions at Patient Square Capital, based in New York, NY. In this role, he focuses on innovative capital solutions across the health care sector, with particular expertise in royalty and structured finance transactions aimed at health care growth and transformation.
Chong brings over 27 years of experience in investment banking, having played senior roles at Citigroup, where he most recently led North America's Equity Capital Markets and previously co-headed Health Care Investment Banking for the region. His work has spanned equity capital raising, growth equity, and sector-specific leadership in health care, media, and telecom, making him a recognized expert in complex, multi-asset financings largely within the health care industry.
He holds a B.A. in Honors Political Science with an Economics minor, and a combined J.D. (LL.B.) and M.B.A. with distinction from McGill University. Throughout his career, Chong has been noted for his leadership in structuring and executing transformative capital strategies, positioning him as a key figure in health care investment banking and structured solutions.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Patient Square Capital | Partner | May 2025 to Present | — |
| Bike New York | Board Member | May 2024 to Present | Bike New York is a 501(c)(3) nonprofit that provides free bike education programs throughout New York City. Bike New York teaches bike education and safety skills to thousands of kids and adults each ... |
| Citi | Co-Head Equity Capital Markets, North America | Oct 2019 to May 2025 | — |
| Citi | Co-Head Healthcare Investment Banking, North America | Mar 2021 to Mar 2022 | (Interim) |
| Citi | Head of Growth Equity and Healthcare ECM | Jan 1998 to Oct 2019 | — |
Education
McGill University
Upper Canada College
Skills & Expertise
Others at Patient Square Capital LP (14)
| Name | Role | Location |
|---|---|---|
 | Principal | CA , United States |
J Justin Sabet-Peyman | Partner | United States |
 | Principal | Stanford, CA , United States |
U Usman Baig | Private Equity | San Francisco, CA , United States |
 | Partner | New York, NY , United States |
F Fielden Baker | Private Equity Associate | CA , United States |
G Gourab Banerjee | Senior Research Associate | New York, NY , United States |
 | Partner | San Francisco, CA , United States |
 | Associate | Menlo Park, CA , United States |
P Patrick Martin | Principal | United States |
