Coatue Management is a global investment firm founded in 1999 by Philippe Laffont. Headquartered in New York City, the firm specializes in technology-focused investments across both public and private markets. With over $54 billion in assets under management as of December 2024, Coatue has established itself as a significant player in the tech investment landscape, known for its data-driven approach and deep sector expertise.
Coatue primarily targets high-growth companies in the technology, media, and telecommunications sectors. Its investment strategy spans various stages, including early-stage venture capital, growth equity, and public market investments.
The firm leverages a combination of fundamental research and quantitative analysis to identify opportunities, often focusing on disruptive technologies and innovative business models.
In May 2025, Coatue launched the Coatue Innovation Fund (CTEK), a new investment vehicle designed to provide individual investors with access to high-growth technology companies. The fund is anchored by $1 billion in commitments from the family offices of Jeff Bezos (Bezos Expeditions) and Michael Dell (DFO Management).
CTEK aims to allocate 20% to 50% of its assets to private tech companies, with the remainder invested in public stocks.The fund requires a minimum investment of $50,000, significantly lower than Coatue's traditional $5 million minimum for other funds.
It charges a 1.25% annual management fee and a 12.5% performance fee on annual profits exceeding 5%.Investors have the option to redeem shares quarterly, subject to a 2% penalty for early withdrawals within the first year.
CTEK is being offered in partnership with UBS and is available to the bank's wealth management clients. The fund represents Coatue's effort to democratize access to technology investments, traditionally reserved for institutional investors.
Leadership
Coatue's leadership includes founder Philippe Laffont, who brings a background in computer science and a tenure at Tiger Management. The firm employs a multidisciplinary team of analysts, data scientists, and engineers to support its investment decisions. Coatue is known for its thematic investment approach, often focusing on areas such as artificial intelligence, fintech, and enterprise software.
Notable Investments
Coatue has invested in several prominent technology companies, including OpenAI, SpaceX, xAI, and Scale AI. These investments reflect the firm's focus on transformative technologies and its ability to identify and support innovative ventures across various stages of growth.
Notable Exits
While specific exit details are not publicly disclosed, Coatue's portfolio includes companies that have achieved significant milestones, such as initial public offerings and high-profile acquisitions. The firm's track record demonstrates its capacity to back companies that deliver substantial returns.
