American investment management firm
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]
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 $45 million in capital.[6] Today, Coatue manages this fund in addition to others.[7][8][9][10][11] Thomas Laffont is the firm’s co-founder and leads Coatue’s private equity investing.[3]
Coatue's annual "East Meets West" conference features tech entrepreneurs from the U.S. and China.[12]
| Fund[13] | Vintage Year | Committed Capital ($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 |
Some of Coatue's notable investments include the following:[14]