Coatue Management
American investment management firm
From Wikipedia, the free encyclopedia
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]
| |
.jpg) Headquarters in the Solow Building | |
| 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 |
History
Philippe Laffont graduated from MIT in 1989 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 European telecommunications stocks.
In 1999, Laffont founded Coatue,[5] becoming a member of the Tiger Cubs - former employees of Tiger management who founded their own hedge funds.[3][6] Coatue launched its first hedge fund in 1999 with $45 million in capital.[7] Today, Coatue manages this fund in addition to others.[8][9][10][11][12] Thomas Laffont is the firm's co-founder and leads Coatue's private equity investing.[3]
Coatue's annual "East Meets West" conference features tech entrepreneurs from the U.S. and China.[13]
Funds
| Fund[14] | Vintage Year | Committed Capital ($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 |