Passport Capital

The firm is betting heavily on Saudi Arabia and other nearby countries as its flagship macro fund continues to see outflows.
The San Francisco firm has suffered a huge drop in assets from performance losses and investor redemptions.
The Chinese e-commerce titan saw a surge of new and returning investors during the third quarter.
The San Francisco firm took a beating from its short book but says “substantial return opportunities” lie ahead.
A handful of long-short managers have lived up to their billing this year and saved investors money, thanks to savvy short bets.
The Passport Capital founder talks about how his firm is uniquely positioned to take advantage of “mind-blowing” changes to come in various U.S. industries.
Volatility is returning to global markets with a vengeance — and market watchers say macro managers may be poised to profit for the first time in years.
In a year-end letter, CIO John Burbank points to opportunities in a world of “different prices and conclusions.”