Coatue Management
Company type | Private |
---|---|
Industry | Investment management |
Founded | 1999 |
Founder | Philippe Laffont Thomas Laffont |
Headquarters | Solow Building, 9 West 57th Street, New York City, New York, U.S. |
AUM | $70 billion (Q1 2022)[1] |
Number of employees | 157[2] |
Website | www |
Coatue is an American technology-focused investment management firm led by founder and portfolio manager Philippe Laffont.[3] Coatue invests in both public and private markets, with a focus on technology, media, telecommunications, as well as the consumer and healthcare sectors. Coatue has a global presence with offices located in New York City, Menlo Park, California, London, Shanghai and Hong Kong.[4]
History
[edit]Philippe Laffont graduated from MIT in 1991 with a degree in computer science. He worked as an analyst for McKinsey & Company from 1992 to 1994 in Madrid, Spain. After a stint as an independent consultant, he joined Tiger Management LLC as a research analyst in 1996, focusing on telecommunications stocks.
In 1999, Laffont founded Coatue, becoming a member of the Tiger Cubs - former employees of Tiger management who founded their own hedge funds.[3][5] Coatue launched its first hedge fund in 1999 with $45 million in capital.[6] Today, Coatue manages this fund in addition to others.[7][8][9][10][11] Thomas Laffont is the firm’s co-founder and leads Coatue’s private equity investing.[3]
Coatue's annual "East Meets West" conference features tech entrepreneurs from the U.S. and China.[12]
Funds
[edit]Fund[13] | Vintage Year | Committed Capital ($m) |
---|---|---|
Coatue Private Fund I LP | 2013 | USD 300 |
Coatue Private Fund II LP | 2015 | USD 500 |
Coatue Kona III LP | 2017 | USD 1,300 |
Coatue Early Stage Fund LP | 2019 | USD 700 |
Coatue Growth Fund IV LP | 2020 | USD 3,500 |
Investments
[edit]Some of Coatue's notable investments include the following:[14]
References
[edit]- ^ "FORM ADV" (PDF). SEC.gov.
- ^ "Coatue Management LLC - NEW YORK , NY". investingreview.org. Retrieved November 6, 2019.
- ^ a b c "The Hedge Fund Manager Who Became A Billionaire From Tech". Forbes. May 3, 2018.
- ^ "Coatue Offices". Coatue. September 15, 2020.
- ^ Archived at Ghostarchive and the Wayback Machine: Billionaire Philippe Laffont Talks About Starting A Hedge Fund & General Investment. YouTube.
- ^ "Hedge fund Coatue raises more than $500 mln for second PE fund". PE Hub. October 26, 2015.
- ^ "Coatue Growth Fund IV LP Form D". SEC. October 26, 2015.
- ^ "Scoop: Coatue raising $500 million for early-stage fund". Axios. November 27, 2018.
- ^ "Coatue Raises $1.3 Billion for New Private Equity Fund". Institutional Investor. October 2, 2017.
- ^ "Hedge fund Coatue raises more than $500 mln for second PE fund". Buyout Insider. October 26, 2015.
- ^ "Laffont's Coatue Invest Launches Long-Only Fund". Institutionalinvestorsalpha.com. Retrieved May 7, 2016.
- ^ "In Ambitious Gamble, Hedge Fund Coatue Launches $700 Million Early-Stage Venture Fund". The Information. August 1, 2019.
- ^ "Coatue Management | Palico". www.palico.com. Retrieved May 22, 2021.
- ^ "Cobalt Robotics raises $35 million for security robots that patrol offices, warehouses, and parking lots". VentureBeat. June 25, 2019. Retrieved April 28, 2020.
External links
[edit]- https://www.coatue.com (Company Website)