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BPS Capital
Boris Jordan's BPS Capital controls Curaleaf, a leading US cannabis MSO with operations across more than 15 states.
BPS Capital
BPS Capital is an SEC-registered investment adviser in Bloomington, MN, since 2002. The firm manages approximately $3.1 billion in regulatory assets. It has 5 employees and 3 investment advisers.
General information
Firm type
Family Office
Year founded
—
AUM
Undisclosed
Location
Region
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Country
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City
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Corporate office
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Principals
Boris Jordan
Founder
Sector focus
Frequently asked questions
What is the relationship between BPS Capital and Curaleaf?
BPS Capital is the investment arm of Boris Jordan, who co-founded and serves as Executive Chairman of Curaleaf Holdings. Jordan controls a supervoting share class of Curaleaf, giving BPS Capital effective control over the publicly traded cannabis operator. The firm's primary capital deployment is into Curaleaf's ongoing operations and acquisitions rather than a diversified portfolio.
Does BPS Capital invest in assets beyond cannabis?
The firm's public profile is dominated by its cannabis exposure through Curaleaf. Jordan's earlier career included frontier-market private equity with Renaissance Capital and US agricultural investments, but BPS Capital's current known activity is concentrated on US plant-touching cannabis operations.
Who makes investment decisions at BPS Capital?
Boris Jordan, as founder and controlling principal, is the key decision-maker. Jordan serves as Executive Chairman of Curaleaf and holds a supervoting equity stake that grants him effective control over the company's strategic direction and capital allocation.
Is BPS Capital structured as a single family office or an operating company?
BPS Capital sits at the intersection of a family office and a corporate control vehicle. Unlike diversified single-family offices that allocate to external funds, BPS Capital functions largely as the controlling shareholder entity for Curaleaf, a publicly traded multi-state cannabis operator.
What is Boris Jordan's background prior to cannabis?
Jordan was a co-founder of Renaissance Capital in Russia during the 1990s, an investment bank and private equity platform active in the post-Soviet transition economy. He later invested in US agriculture before pivoting into cannabis, where federal illegality created a capital vacuum he has moved to fill through Curaleaf's multi-state roll-up.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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