Tag: John Burbank

Hedge Fund Managers Who Made Money In May

Some hedge funds were winners last month, including people who expected bad news and profited when it came as they expected John Burbank’s Passport Capital is up 20 percent for the year, thanks largely because he has never been more…

Another Hedge Fund Manager Sees US Recession

Among George Soros and Ray Dalio hedge fund managers-both have a negative outlook on US economy John Burbank also shares the same view.  Founder of Passport Capital LLC, a $3.8 billion hedge fund, said he expects a U.S. economic recession…

Passport Capital Just Laid off 14 Employees

Passport Capital LLC, the $3.8 billion hedge fund run by John Burbank, laid off 14 employees, seven of them from investment staff. Passport, which slumped 18 percent in 2011, gained 3.7 percent this year through February, the people said. “We…