Coatue Management

About

Coatue Management is a global investment management firm specializing in technology-focused sectors. Founded in 1999 by Philippe Laffont, the firm operates from offices in New York City, Menlo Park, San Francisco, London, Shanghai, and Hong Kong.

Investment Focus

Coatue's investment strategy centers on identifying opportunities within the technology, media, and telecommunications sectors, as well as consumer and healthcare industries. The firm engages in a range of investment activities, including buyouts and growth capital, targeting companies that demonstrate innovation and potential for significant market impact.

Fund

In February 2025, Coatue Management announced the raising of approximately $248.8 million for its second climate-focused fund, Coatue Climate Tech Fund II. This fund reflects the firm's commitment to investing in technologies addressing climate change and promoting sustainability.

Other Information

Leadership

  • Philippe Laffont: Founder and Portfolio Manager, instrumental in guiding the firm's investment strategies since its inception.
  • Thomas Laffont: Co-Founder, leading Coatue's private equity investments.

Investment Strategy

Coatue employs a lifecycle investment approach, supporting companies from early stages through growth phases. The firm combines decades of experience with agility and a focus on innovation, leveraging data science and operational expertise to identify and nurture transformative technology companies.

Notable Investments

Coatue's diverse portfolio includes significant investments in companies such as:

  • Airtable: A platform enabling users to build custom applications without coding.
  • ByteDance: The parent company of TikTok, a leading global social media platform.
  • Databricks: A data and AI company that simplifies data processing and analytics.
  • DoorDash: A prominent food delivery service operating across the United States and internationally.
  • Snap Inc.: The company behind Snapchat, a widely used multimedia messaging app.

Notable Exits

Coatue has achieved over 60 exits, reflecting its success in identifying and nurturing companies that reach significant liquidity events.