Passport I LP
Passport I LP is a hedge fund based in San Francisco, California. According to its most recent Form D, filed Dec 7, 2016, the fund has sold $222,575,985 of interests to 86 investors since its first sale in Aug 2000. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Passport Capital, LLC; John Burbank; Passport Holdings, LLC.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $222,575,985Cumulative sales reported on Form D
- Investors
- 86
- First sale
- Aug 1, 2000
- Minimum investment
- $10,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Passport Capital, LLC; John Burbank; Passport Holdings, LLC
- Latest Form D
- Dec 7, 2016
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Passport I LP
What is the minimum investment for Passport I LP?
According to its latest Form D, filed Dec 7, 2016, the minimum investment Passport I LP accepts from an outside investor is $10,000.
Who can invest in Passport I LP?
Passport I LP is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has Passport I LP raised?
Passport I LP reports $222,575,985 sold from 86 investors on its Form D filed Dec 7, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is Passport I LP based?
Passport I LP is based in San Francisco, California.
When did Passport I LP launch?
Passport I LP reports its first sale in Aug 2000.
Size compared with every hedge fund
Raised more than 78% of the 1,049 hedge funds based in California, and more than 71% of all 10,129 that report sales.