Subscribe Sign In Register

Premium

Burbank’s Passport Suffers More Losses and Redemptions

The firm is betting heavily on Saudi Arabia and other nearby countries as its flagship macro fund continues to see outflows.

By Stephen Taub Stephen Taub
May 15, 2017
2017-05-alpha-stephen-taub-john-burbank-passport-capital-main.jpg
2017-05-alpha-stephen-taub-john-burbank-passport-capital-article.jpg
John Burbank, founder and chief investment officer of Passport Management LLC (Photo Credit: Jacob Kepler/Bloomberg).

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Passport Capital John Burbank Iii
Related
Red upward arrows with currency exchange rate
Premium
One Stock Powers a Hedge Fund to a Triple-Digit Gain
Steve Taub
November 21, 2024
Investment concept,US paper currency on Laptop and gavel,Money with a hammer.
Hedge Funds
Hound Partners Sues Tiger Management to End a Seeding Deal
Steve Taub
November 20, 2024
Yield and interest rates moves up.
Sponsored
Electronic Trading Brings Enhanced Fixed Income Liquidity