{"id":2280,"date":"2013-05-24T14:50:50","date_gmt":"2013-05-24T18:50:50","guid":{"rendered":"http:\/\/www.juniorminingnews.com\/?p=2280"},"modified":"2013-05-24T14:50:50","modified_gmt":"2013-05-24T18:50:50","slug":"the-american-who-bought-mongolia","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=2280","title":{"rendered":"The American Who Bought Mongolia"},"content":{"rendered":"<p><strong>By Brett Forrest<\/strong><br \/>\n<em>Bloomberg Businessweek<\/em><\/p>\n<figure id=\"attachment_2281\" aria-describedby=\"caption-attachment-2281\" style=\"width: 160px\" class=\"wp-caption alignright\"><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-2281\" title=\"dassin160\" src=\"http:\/\/juniorminingnews.com\/wp-content\/uploads\/2013\/05\/dassin160.jpg\" alt=\"\" width=\"160\" height=\"234\" \/><figcaption id=\"caption-attachment-2281\" class=\"wp-caption-text\">James Dassin<\/figcaption><\/figure>\n<p>The Mongolian Stock Exchange occupies a single room inside a gray building that once housed a children\u2019s movie theater, just off S\u00fckhbaatar Square in the capital city of Ulaanbaatar. On any given day, it\u2019s quieter than the nearby National Library, as 20 or so traders in cubicles click away softly on their laptops. This muted bourse hardly seems a place to make a fortune, but James Passin, who needs no prompting to declare that he\u2019s \u201csuper bullish on Mongolia,\u201d swears it is. Passin, who\u2019s just flown across 12 time zones from New York City, has as much reason to promote Mongolia\u2019s potential as any foreign investor in the country. His future is riding on it.<\/p>\n<p>Passin, 41, has at least $130 million in three funds that he oversees for his employer, Firebird Management, a Manhattan firm that specializes in emerging markets. Passin controls four companies listed on the Mongolian Stock Exchange \u2014 in coal, fluorite, and real estate \u2014 as well as an undisclosed number of private enterprises. His placements make Firebird one of Mongolia\u2019s largest and most diversified foreign private equity funds.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/articles\/2013-05-16\/james-passin-the-american-who-bought-mongolia\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n<hr \/>\n<p><em><a href=\"http:\/\/www.juniorminingnews.com\/?tag=mongolia\">Click here for more articles about mining in Mongolia.<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>James  Passin controls four companies listed on the Mongolian Stock Exchange \u2014 in coal, fluorite, and real estate \u2014 as well as an undisclosed number of private enterprises.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[78],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/2280"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2280"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/2280\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}