Coatue Management: Difference between revisions
No edit summary Tags: Mobile edit Mobile web edit |
Mikkelangel (talk | contribs) No edit summary |
||
| Line 37: | Line 37: | ||
In 2014, it announced plans to raise money for a second hybrid fund (Coatue Hybrid Fund II) that deals with venture capital investments in new technology companies.<ref name="MyUser_The_New_York_Times_May_7_2016c">{{cite web |url=https://dealbook.nytimes.com/2014/04/08/tech-focused-hedge-fund-to-return-2-billion-to-investors/ |title=Tech-Focused Hedge Fund to Return $2 Billion to Investors |newspaper=The New York Times |date=April 8, 2014 |author= |accessdate= May 7, 2016}}</ref> It raised over $543 million for its second hybrid fund by 2015.<ref name="ValueWalk"/> |
In 2014, it announced plans to raise money for a second hybrid fund (Coatue Hybrid Fund II) that deals with venture capital investments in new technology companies.<ref name="MyUser_The_New_York_Times_May_7_2016c">{{cite web |url=https://dealbook.nytimes.com/2014/04/08/tech-focused-hedge-fund-to-return-2-billion-to-investors/ |title=Tech-Focused Hedge Fund to Return $2 Billion to Investors |newspaper=The New York Times |date=April 8, 2014 |author= |accessdate= May 7, 2016}}</ref> It raised over $543 million for its second hybrid fund by 2015.<ref name="ValueWalk"/> |
||
Some of its notable investments include [[Lyft]], [[Box.com]], [[jet.com]], [[Uber]], and [[Snapchat]].<ref name="Crunchbase">{{cite web |url=https://www.crunchbase.com/organization/coatue-management#/entity |title=Coatue Invest |newspaper= |date= |author= |accessdate= May 7, 2016}}</ref> |
Some of its notable investments include [[Lyft]], [[Box.com]], [[jet.com]], [[Uber]], and [[Snapchat]].<ref name="Crunchbase">{{cite web |url=https://www.crunchbase.com/organization/coatue-management#/entity |title=Coatue Invest |newspaper= |date= |author= |accessdate= May 7, 2016}}</ref> |
||
==References== |
==References== |
||
Revision as of 02:38, 28 April 2020
 | |
| Company type | Private |
|---|---|
| Industry | Investment management |
| Founded | 1999 |
| Founder | Philippe Laffont |
| Headquarters | New York City, New York, U.S. |
| Products | Hedge funds |
| Total assets | $20.98 billion[1] |
Number of employees | 120[2] |
| Website | http://www.coatue.com/ |
Coatue is a technology sector hedge fund that invests in public and private equity markets. It is led by Chief Investment Officer Philippe Laffont, who founded the hedge fund after leaving Tiger Management in 1999 (as one of 32 "tiger cubs" [3]).[4] It is based in New York City, with further offices in Menlo Park, California, San Francisco and Hong Kong. [5]
From January 2001 through March 2016, it generated returns of 443%.[6] It managed $15 billion overall as of Jan. 1, 2018.[7]
On February 1, 2013, it launched a new hybrid fund (Coatue Hybrid Fund 1) to focus on high-growth pre-IPO startups, raising over $300 million.[8] On May 1, 2013, it launched a new "long-only" fund (Coatue Long-Only Partners).[9]
In 2014, it announced plans to raise money for a second hybrid fund (Coatue Hybrid Fund II) that deals with venture capital investments in new technology companies.[10] It raised over $543 million for its second hybrid fund by 2015.[8]
Some of its notable investments include Lyft, Box.com, jet.com, Uber, Cobalt Robotics and Snapchat.[11][12]
References
- ^ "COATUE MANAGEMENT LLC Form ADV Details as of 2019-08-05". whalewisdom.com. Retrieved 2019-11-06.
- ^ "Coatue Management LLC - NEW YORK , NY". investingreview.org. Retrieved 2019-11-06.
- ^ "Opalesque Exclusive: Julian Robertson reveals what makes a good hedge fund manager on Opalesque TV - Opalesque". Opalesque.com. Retrieved May 7, 2016.
- ^ "Philippe Laffont,Founder & CEO - Coatue Invest: Part I". Retrieved May 7, 2016.
- ^ "Offices".
{{cite web}}: CS1 maint: url-status (link) - ^ "Coatue Invest Manager Monday: Novus". Https. Retrieved May 7, 2016.
- ^ "Hedge fund spending $70M for these tech stock ideas". Cnbc.com. 2015-06-16. Retrieved May 7, 2016.
- ^ a b "Coatue Invest Raises $543M for Second PE Fund". Valuewalk.com. Retrieved May 7, 2016.
- ^ "Laffont's Coatue Invest Launches Long-Only Fund". Institutionalinvestorsalpha.com. Retrieved May 7, 2016.
- ^ "Tech-Focused Hedge Fund to Return $2 Billion to Investors". The New York Times. April 8, 2014. Retrieved May 7, 2016.
- ^ "Coatue Invest". Retrieved May 7, 2016.
- ^ "Cobalt Robotics raises $35 million for security robots that patrol offices, warehouses, and parking lots". VentureBeat. 2019-06-25. Retrieved 2020-04-28.
  | This article about a financial services corporation of the United States is a stub. You can help Wikipedia by expanding it. |