Loading organizations...
§ Venture Capital · San Francisco, CA, USA
Passport Special Opportunity Fund operates as an investment vehicle designed to capture unique, often time-sensitive market dislocations and event-driven scenarios. This fund leverages a distinct strategy focused on identifying and investing in idiosyncratic opportunities that fall outside conventional mandates, allowing for flexible capital deployment into specific situations with compelling risk-adjusted return profiles. Its approach emphasizes deep fundamental analysis combined with a keen understanding of macroeconomic shifts.
The fund is rooted in the investment philosophy of John H. Burbank III, who established Passport Capital, LLC in 2000. Burbank’s insight centered on generating alpha through thematic and opportunistic investing. The Special Opportunity Fund represents an evolution of this strategy, enabling Burbank to continue pursuing high-conviction, niche opportunities, distinct from the broader market focus of some traditional funds, and building upon his extensive experience in global markets.
This specialized fund caters to sophisticated investors seeking exposure to non-traditional assets and situations that are not typically accessible through broader market indices. Its long-term vision is to consistently exploit market inefficiencies by applying a disciplined, opportunistic investment framework. The fund aims to deliver specialized growth by strategically allocating capital to capitalize on unique events and specific valuation anomalies.
Passport Special Opportunity Fund has 1 tracked investment across 1 company. The latest tracked deal is $85.0M Series D in JustFab in August 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 29, 2014 | JustFab | $85.0M Series D | Passport Special Opportunity Fund | Anthony Saleh, Paul J. Elberse, Matrix Partners, Shining Capital |