Coatue Management

Coatue is a global technology-focused investment manager led by Founder and Portfolio Manager Philippe Laffont.[3]

Coatue Management LLC
TypePrivate
IndustryInvestment management
Founded1999
FounderPhilippe Laffont
HeadquartersNew York City, New York, U.S.
Total assets$25 billion[1]
Number of employees
157[2]
Websitewww.coatue.com

Coatue invests in both the public and private markets with a focus on technology, media, and telecommunications, as well as the consumer and healthcare sectors. Total assets under management amounted to more than $25 billion as of May 21, 2020.[4]

Coatue has offices in New York City, Menlo Park, California, San Francisco and Hong Kong.[5]

History

Philippe Laffont graduated from MIT in 1991 in Computer Science. He worked as an analyst for McKinsey & Company from 1992 to 1994 in Madrid, Spain. After working as an independent consultant, he joined Tiger Management LLC as a research analyst in 1996, focusing on telecommunications stocks.

In 1999 Laffont founded Coatue.[3][6] Coatue launched its first hedge fund in 1999 with $45 million in capital.[7] Coatue currently manages this fund in addition to Long Only and Hybrid Fund I (both launched in 2013), Private Fund II (2015), Kona III (2017), Early Stage Fund (2018), Growth Fund IV (2019), Opportunity Master Fund I (2020), and Transportation Fund (2020).[8][9][10][11][12] Thomas Laffont is the firm’s co-founder and leads Coatue’s private equity investing.[3]

Some of Coatue’s notable investments include Airtable, Ant Financial, Anaplan, ByteDance, Chime, Databricks, DoorDash, Instacart, Meituan, Snap, and Spotify.[13][14]

Coatue’s annual “East Meets West” conference features top tech entrepreneurs from both the U.S. and China.[15]

References
  1. "COATUE MANAGEMENT LLC Form ADV Details as of 2019-08-05". whalewisdom.com. Retrieved November 6, 2019.
  2. "Coatue Management LLC - NEW YORK , NY". investingreview.org. Retrieved November 6, 2019.
  3. "The Hedge Fund Manager Who Became A Billionaire From Tech". Forbes. May 3, 2018.
  4. "Form ADV" (PDF). SEC. May 3, 2018.
  5. "Coatue Offices". Coatue. September 15, 2020.
  6. https://www.youtube.com/watch?v=qqsUvtmn2p0
  7. "Hedge fund Coatue raises more than $500 mln for second PE fund". PE Hub. October 26, 2015.
  8. "Coatue Growth Fund IV LP Form D". SEC. October 26, 2015.
  9. "Scoop: Coatue raising $500 million for early-stage fund". Axios. November 27, 2018.
  10. "Coatue Raises $1.3 Billion for New Private Equity Fund". Institutional Investor. October 2, 2017.
  11. "Hedge fund Coatue raises more than $500 mln for second PE fund". Buyout Insider. October 26, 2015.
  12. "Laffont's Coatue Invest Launches Long-Only Fund". Institutionalinvestorsalpha.com. Retrieved May 7, 2016.
  13. "Coatue Invest". Retrieved May 7, 2016.
  14. "Cobalt Robotics raises $35 million for security robots that patrol offices, warehouses, and parking lots". VentureBeat. June 25, 2019. Retrieved April 28, 2020.
  15. "In Ambitious Gamble, Hedge Fund Coatue Launches $700 Million Early-Stage Venture Fund". The Information. August 1, 2019.
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