Passport Capital
Passport Capital is a San Francisco-based global thematic investment firm founded in 2000 that manages a family of funds targeting macro trends across emerging markets and emerging technology for high-net-worth and institutional investors.
- Company typePrivate
- Founded2000
- HeadquartersSan Francisco, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Passport Capital does
Passport Capital, LLC is a San Francisco-based global thematic investment firm founded in 2000 by John H. Burbank III. The firm manages a family of investment funds designed to anticipate macro trends across emerging markets and emerging technology sectors, deploying capital across a range of early-stage strategies. The firm is privately held by its founder, employs 101–250 professionals, and operates from its headquarters at 1 Letterman Drive, Building A, Suite 4900, San Francisco, CA 94129.
The firm's product offering consists of a suite of thematic investment funds managed as a cohesive family rather than discrete standalone products. The underlying investment platform centers on identifying macro trends and allocating capital across emerging markets and emerging-technology opportunities. Passport Capital does not disclose proprietary technology infrastructure, AI/ML tooling, APIs, or external integrations in available source material; the firm has no public app and provides only a static marketing and contact website (last refreshed in 2019).
Passport Capital generates revenue through traditional investment management economics, charging management fees and performance fees (carried interest) on assets managed across its fund family. Its go-to-market is enterprise field sales targeting qualified high-net-worth and institutional investors, distributed through direct relationships and industry networks rather than retail channels; specific fee schedules are not publicly disclosed and are negotiated with qualified investors. No AUM, revenue figures, fund vintages, or LP counts are disclosed in the input data, limiting external triangulation of scale.
Passport Capital firmographics
Firmographics- Name
- Passport Capital
- Legal name
- Passport Capital, LLC
- Website
- https://passportcapital.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Passport Capital is a San Francisco-based global thematic investment firm founded in 2000 that manages a family of funds targeting macro trends across emerging markets and emerging technology for high-net-worth and institutional investors.
- Ownership category
- akta.pro rank
Passport Capital industry classification
Industry- Product category
- Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)
- akta.pro secondary industry
- Thematic / Sector-Focused Multi-Manager Platforms (FSANAGAH)
Keywords
Where Passport Capital is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Passport Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Investment Management Fees: Passport Capital generates revenue through management fees and performance fees (carried interest) from its family of investment funds focused on early-stage strategies in emerging markets and emerging technology sectors.
Go-to-market motion1 record
Passport Capital product offering
Product offeringCore offering
Passport Capital manages a family of investment funds that anticipate macro trends across emerging markets and emerging technology sectors, employing early-stage investment strategies. The firm offers qualified investors diversified thematic fund vehicles designed to capitalize on global macro shifts. It operates as a private investment manager, generating revenue through management fees and performance-based carried interest.
Product overview
Passport Capital operates as a single unified investment offering through its family of funds. These funds are designed to anticipate macro trends across emerging markets and emerging technology sectors, focusing on early stage investment strategies. The product portfolio consists of thematic investment funds managed as a cohesive family of strategies rather than standalone products.
Differentiator
Problem solved
Functional benefit
Products and services
- Family of Funds A suite of thematic investment funds that anticipate macro trends across emerging markets and emerging technology sectors, offered through a range of early-stage investment strategies for qualified investors.
Companies that use Passport Capital
Customer profileSegments1 record
Ideal customer profiles1 record
Passport Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Passport Capital partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights2 records
Passport Capital competitors and assessment
Company assessmentDirect peers
- Greenlight Capital: Founder-driven thematic value fund with concentrated bets on macro and sector dislocations — directly comparable in size and posture to Passport Capital.
- Moore Capital Management: Founder-controlled global macro hedge fund historically focused on emerging-market and thematic macro trends — close peer in mandate and size tier.
- Baupost Group: Founder-controlled, multi-strategy investment firm managing capital across global thematic and value opportunities for institutional clients.
- Tudor Investment Corporation: Founder-led global macro and discretionary trading firm with institutional LP base; comparable scale and thematic orientation.
- Elliott Investment Management: Large, founder-influenced global activist and macro fund deploying capital across emerging markets and technology themes — directly comparable LP-facing franchise.
- Soros Fund Management: Founder-led global macro/thematic investment firm that allocates capital across macro trends and emerging-market themes — the closest analogue to Passport Capital's stated mandate.
- Pershing Square Capital Management: Concentrated, thematic activist manager targeting large macro-driven opportunities — competes for the same institutional thematic capital pool.
Broad incumbents
- Renaissance Technologies: Quant macro and systematic investment firm; represents the technology-driven extreme of the macro/thematic universe Passport Capital operates in.
- Bridgewater Associates: Largest global macro asset manager; competes for institutional capital seeking systematic and discretionary macro/thematic exposure at far greater scale.
- Citadel: Multi-strategy alternative asset manager with a large global macro and equities franchise — represents the scaled incumbent benchmark in the same space.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Passport Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Passport Capital leadership team
Management profileNumber of profiles
Profiles6 records
Passport Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Passport Capital M&A and investment
M&A and investmentM&A
Investments28 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Passport Capital
What does Passport Capital do?
Passport Capital manages a family of investment funds that anticipate macro trends across emerging markets and emerging technology sectors, employing early-stage investment strategies. The firm offers qualified investors diversified thematic fund vehicles designed to capitalize on global macro shifts. It operates as a private investment manager, generating revenue through management fees and performance-based carried interest.
Is Passport Capital a public or private company?
Passport Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Passport Capital founded?
Passport Capital was founded in 2000. It employs 101 to 250 people.
Where is Passport Capital based?
Passport Capital is headquartered in San Francisco, United States, in the North America region.
How does Passport Capital make money?
One revenue line is on record: investment Management Fees.
Who are Passport Capital's main competitors?
Direct peers on record are Greenlight Capital, Moore Capital Management, Baupost Group, Tudor Investment Corporation, Elliott Investment Management, Soros Fund Management and Pershing Square Capital Management. Broad incumbents are Renaissance Technologies, Bridgewater Associates and Citadel.
Does Passport Capital have an API?
No public API is recorded for Passport Capital.
What industry is Passport Capital in?
Passport Capital's product category is Investment Management. Its primary akta.pro industry code is FSAEAAAC, Portfolio Construction & Asset Allocation Advisory, with a secondary code of FSANAGAH, Thematic / Sector-Focused Multi-Manager Platforms. Its NAICS code is 523940 and its SIC code is 6282.