This content is from: Premium

Investors Still Fleeing Burbank’s Passport

The hedge fund posted another sizeable quarterly loss as assets continue to decline.

  • By Stephen Taub

      John Burbank, Passport Capital (photo credit: Jacob Kepler/Bloomberg) Investors continue to abandon John Burbank III’s Passport Capital. The hedge fund firm’s Passport Global fund suffered $67 million in net outflows in the third quarter, according to a client letter obtained by Alpha. Fund assets stood at $185 million as of the

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

Related Content