# Passport Capital

> Passport Capital is John H. Burbank III’s San Francisco investment firm, founded in 2000. Known for its profitable 2007 subprime mortgage bet, it later closed its flagship hedge fund and developed a private-markets connection through Nimble Partners. Its April 2026 SEC filing reports approximately $532.4 million in discretionary regulatory assets under management for pooled investment vehicles.

- **Founded:** 2000
- **Headquarters:** San Francisco, United States
- **Founders:** John H. Burbank III (Founder; historical Chief Investment Officer)
- **Products:** Private pooled investment vehicle management, Passport Global Strategy, Passport Long Short Strategy, Nimble-related private-market vehicles
- **Notable:** Passport Global returned approximately 219% after fees in 2007, according to Forbes., Combined macro themes, company-level research and quantitative portfolio tools in its documented historical investment process., Continued operating as an investment adviser after the flagship fund closure; its April 2026 Form ADV reports $532.4 million in discretionary regulatory assets.

## Products & services

- **Private pooled investment vehicle management** — Investment management for privately offered funds; April 30, 2026 Form ADV reports 17 pooled-vehicle clients and $532,370,151 in discretionary regulatory assets.
- **Passport Global Strategy** — Historical flagship global thematic hedge fund, known for its subprime short; closure announced in December 2017.
- **Passport Long Short Strategy** — Historical equity long/short strategy liquidated effective April 30, 2017.
- **Nimble-related private-market vehicles** — Passport’s adviser records include Nimble funds. Related platform Nimble Partners describes secondaries, direct co-investments and selective commitments to third-party fund managers.

## Achievements

- Passport Global returned approximately 219% after fees in 2007, according to Forbes.
- Combined macro themes, company-level research and quantitative portfolio tools in its documented historical investment process.
- Continued operating as an investment adviser after the flagship fund closure; its April 2026 Form ADV reports $532.4 million in discretionary regulatory assets.

## Latest updates

- **2026-04** — April 30 Form ADV reports $532,370,151 in discretionary regulatory assets and 17 pooled-investment-vehicle clients.
- **2021-02** — TomoCredit announced a $7 million seed round with Passport Capital among the participants.

## Links

- Website: https://www.passportcapital.com/
- LinkedIn: https://www.linkedin.com/company/passport-capital-llc
- Twitter/X: https://twitter.com/passportcapital

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Profile page: https://yespress.io/passport-capital
Published by YesPress — https://yespress.io
Last updated: 2026-10-27