Crossover hedge fund + VC, New York

Coatue Management

Venture capital firm · New York · Founded 1999

Quick read

Coatue Management is a crossover technology investment firm founded in 1999 by Philippe Laffont, headquartered in New York. It runs ~$70B AUM across public equity, venture, growth, and structured capital, using public-market insights to inform private bets and vice versa. Portfolio highlights include Anthropic, OpenAI, Databricks, Anduril, and Ramp.

Key facts

Founded
1999
Founders
Philippe Laffont, Thomas Laffont
Employees
110
Sectors
generalist, ai, fintech
Website
www.coatue.com

Investment thesis

Coatue backs technology companies across all stages — seed through public markets — using proprietary data and AI-powered research tools to move between private and public positions as companies mature. The firm concentrates on sectors where AI, infrastructure, and capital markets are converging, with particular conviction in AI infrastructure, fintech, and enterprise software.

Recent activity

  • Jul 2026product
    Coatue Innovative Strategies Fund filed an SEC application (amended Jul 7, 2026) seeking an exemption under the Investment Company Act to permit registered closed-end funds and BDCs to pay advisory fees in shares of common stock. federalregister.gov
  • Jun 2026investment
    Coatue participated in a Series C round for Cadence (Jun 23, 2026), alongside Spark Capital and Thrive Capital. Round size not disclosed. tracxn.com
  • Jun 2026investment
    Coatue joined the $4.5 billion Series C equity financing for DayOne Data Centers alongside Hillhouse and Indonesia Investment Authority. tracxn.com
  • Jun 2026investment
    Coatue participated in Supabase's $500 million Series F funding round, joining Peak XV Partners, Craft Ventures, and others. tracxn.com
  • May 2026fundraise
    Coatue's latest Form ADV filing (May 28, 2026) reported approximately $92.7 billion in total AUM, up from ~$73.2 billion in net assets as of Dec 31, 2025. Peter Wallace is listed as an officer, confirming his Co-President hire from Blackstone. radientanalytics.com
  • May 2026investment
    Coatue participated in Anthropic's $65 billion funding round alongside Iconiq, Sequoia Capital, and others. tracxn.com
  • May 2025fundraise
    Coatue launched the $1 billion Coatue Innovation Fund, opening access to individual investors with a $50,000 minimum. The fund holds significant positions in OpenAI and Stripe and is available on the CAIS platform as CTEK (Coatue Innovative Strategies Fund). startupintros.com
  • Dec 2025leadership
    Coatue hired Blackstone veteran Peter Wallace as Co-President and Head of Private Investments, and welcomed Brian Millham, former President and COO of Salesforce, as a Senior Advisor. dakota.com
  • Jun 2026investment
    Coatue led a Series C round in Cadence, with Spark Capital and Thrive Capital also participating. tracxn.com
  • Mar 2026investment
    Coatue acquired Uplight on Mar 24, 2026. tracxn.com
  • 2026press
    Nick Gagnet, who leads semiconductor and AI hardware investment across Coatue's public markets strategies, was named to the Forbes 30 Under 30 in Finance list for 2026. linkedin.com
  • 2026leadership
    Brian Millham, former President and COO of Salesforce, joined Coatue as a Senior Advisor. He will work with the firm and select portfolio company leadership teams on GTM strategy and AI-driven business models. linkedin.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Philippe Laffont · Founder & CEO
    LinkedIn
  • Thomas Laffont · Co-Founder
  • Jaimin Rangwalla · CIO, Public Investments / Senior Managing Director
  • Jade Lai · General Partner
    LinkedIn
  • Caryn Marooney · General Partner
    LinkedIn
  • Nick Gagnet · Sector Head
  • Dan Rose · Chairman of Coatue Ventures
  • Michael Gilroy · General Partner
  • David Cahn · Partner

Sources

Other VCs in United States

Explore VCs by sector

Globally

Frequently asked

What is Coatue Management?+

Coatue Management is a crossover technology investment firm founded in 1999 by Philippe Laffont, headquartered in New York. It runs ~$70B AUM across public equity, venture, growth, and structured capital, using public-market insights to inform private bets and vice versa.

Where is Coatue Management headquartered?+

Coatue Management is headquartered in New York, United States.

When was Coatue Management founded?+

Coatue Management was founded in 1999 by Philippe Laffont, Thomas Laffont.

What sectors does Coatue Management invest in?+

Coatue Management focuses on generalist, ai, fintech. They primarily invest in these sectors.

Who is the CEO of Coatue Management?+

Philippe Laffont is the CEO of Coatue Management.

How do I prepare for a meeting with Coatue Management?+

Brief generates a structured pre-meeting briefing on any person at Coatue Management — quick read, recent activity, points of view, and conversation openers tailored to what you sell. Sign in to get personalised openers for your product.

Meeting with someone at Coatue Management?

Brief generates a structured pre-meeting briefing on any person in seconds.

Try Brief →

Generated by briefthecall.com from public web sources. Last updated August 6, 2026. Each claim is linked to its source above.

Automatically generated by AI from public sources. May be inaccurate or out of date. Remove or correct this profile →