Coatue Management is a global investment manager focused on public and private companies in the technology, media and telecommunications industries.
Various investments have been made by Coatue Management, some of the notable investments include Airtable, Ant Financial, Anaplan, ByteDanceByteDance, Chime, Databricks, DoorDash, Instacart, Meituan, Snap, and Spotify.
Coatue Management is a privately owned hedge fund sponsor led by its founder and portfolio manager Philippe Laffont. The fund was founded in 1999 and is headquartered in New York City. The firm invests in the public equity markets globally focusing on investments in technology, media and, telecommunications in additionand tothe otherhealth sectors. It employs long/shorta long and short strategy to make its investments. Coatue ManagementIt was foundedreported in 1999May andof is2020 basedthat the fund had roughly $25 billion in Newassets Yorkunder Cityits management.
Coatue Management was founded by Philippe Laffont, an MIT computer science graduate who worked as an independent consultant and a research analyst prior to founding the hedge fund.
The hedge fund manages $8.5 billion in assets. Phillipe Laffont founded and is the CEO of the firm.
Coatue Management has raised a total of $2 billion across 3 funds, their latest being Coatue Early Stage Fund. This fund was announced on November 28, 2018 and raised a total of $700 million.
Coatue launched its first hedge-fund in 1999 with $45 million in capital funding. The original fund remained operational under the management of Coatue as of January 2021. Additionally, Coatue manages various other funds, including:
Various investments have been made by Coatue Management, some of the notable investments include Airtable, Ant Financial, Anaplan, ByteDance, Chime, Databricks, DoorDash, Instacart, Meituan, Snap, and Spotify.