Coatue

Coatue is an investment management firm focused on technology and innovation that operates in both public and private markets. Its current official leadership page states that Philippe Laffont founded Coatue in 1999 and serves as its founder and lead portfolio manager, leading the public and private investment businesses; the firm describes itself as having a track record of more than 25 years in technology and innovation investing.⁠[1]

The current website lists Thomas Laffont as co-founder and chief investment officer of private investments, and states that he joined Coatue in 2003 and was responsible for building the firm’s private investment business. Official 2025 East Meets West materials also refer to both Philippe and Thomas as Co-Founder; this entry therefore links both founders while keeping the year Thomas joined, to avoid misstating that the “co-founder” was already at the firm in 1999.⁠[2]

Coatue describes itself as studying the evolution of technology and investing in ideas that reshape it. Its official materials state that its in-house data science team and platform have been built over more than 15 years, and that it uses its proprietary data science and artificial intelligence platform to find insights and trends; these are the firm’s descriptions of its research capabilities and do not constitute proof of any individual fund’s returns or of forecasting accuracy.⁠[1]

The Form ADV filed on July 29, 2026, lists both the legal name and the primary business name as Coatue Management, L.L.C., with CRD number 157910, SEC file number 801-73669, and LEI 54930035XZQJY6VCW995; no CIK is reported on the ADV cover page. This encyclopedia uses the public-facing brand Coatue as the main title and keeps Coatue Management and the full legal name as aliases.⁠[3]

Form ADV Item 5.F discloses total regulatory assets under management for Coatue Management, L.L.C. of $92,705,722,582 across 127 accounts; the discretionary portion is likewise $92,705,722,582 across 127 accounts, and the non-discretionary portion is 0. This figure is regulatory assets as of the filing basis, not fund net assets, cumulative capital raised, investable capital, or net returns to investors.⁠[3]

The current website presents its strategies as Venture, Growth, Tactical, Privates/CTEK, and Public: Venture targets early-stage startups, Growth targets later-stage companies, Tactical provides customized capital solutions in debt and equity, and Public invests in public-market equities; CTEK invests in innovation through public and private markets. This combination reflects a lifecycle platform, but the strategies are not alternative names for a single fund.⁠[4]

Coatue’s website states that its active private portfolio includes more than 250 technology companies, and its homepage displays examples such as AnthropicAnthropicAnthropic is an artificial intelligence research and product company founded in 2021 that develops the Claude models, assistant, and tools such as Claude Code, and operates as a public benefit corporation. Dario Amodei and Daniela Amodei are its co-founders, and its research covers model safety, interpretability, and steerability.Open the full entry, OpenAI, Databricks, Stripe, SpaceXSpaceXSpaceX is a company founded by Elon Musk in 2002 whose businesses include space transportation, Starlink satellite communications and artificial intelligence. It went public in 2026 under the ticker SPCX.Open the full entry, and Cursor. The website also states explicitly that these featured companies do not represent all investments or any single investment vehicle, and do not indicate or guarantee that any investment has been or will be profitable.⁠[4]

The private portfolio page states explicitly that its scope covers all current and exited private investments of the funds managed by Coatue as of April 2026. Therefore, a company’s appearance on the page only shows that it belongs to the set of historical or current private investments disclosed as of that date; the page alone cannot establish whether the investment is still held, which fund holds it, or what returns it has produced.⁠[5]

Form ADV lists the principal office as 25th Floor, 9 West 57th Street, New York, New York, United States. The website currently also lists offices in Menlo Park, San Francisco, Hong Kong, and London; the ADV lists Hong Kong, Menlo Park, and San Francisco as other offices where investment advisory business is conducted. London is an office as presented on the website and is not automatically treated as an investment advisory office listed in the ADV or as a separate legal entity.⁠[4]

The current CTEK leadership page publicly names four leaders: founder and portfolio manager Philippe Laffont; co-founder and chief investment officer of private investments Thomas Laffont; chief investment officer of public markets Jaimin Rangwalla; and president and head of strategy Nathan Urquhart. Coatue has not published a complete staff directory; this batch also created entries for Lucas Swisher, Caryn Marooney, Jade Lai, Colin Bryant, and David Schneider based on the firm’s current bylines or recent authoritative records of their current roles, but does not claim on this basis that these nine people constitute all of the firm’s partners or all of its employees.⁠[1]

CTEK’s full name is Coatue Innovative Strategies Fund, a non-diversified, closed-end management investment company; it is not a synonym for Coatue as a whole. The website states that the fund received initial seed capital from anchor and Coatue internal investments on May 5, 2025, held its initial closing on June 1, 2025, and was renamed from Coatue Innovation Fund to its current name on November 8, 2025.⁠[1]

LambdaLambdaLambda is an American AI cloud computing company founded in 2012 by Stephen Balaban and Michael Balaban. It initially sold GPU workstations and servers for deep learning, later shifted to renting out cloud computing capacity based on Nvidia GPUs, and builds supercomputers and “AI factories” for AI training and inference.Open the full entry, a cloud provider of artificial intelligence computing, was negotiating a final private funding round ahead of a planned listing, seeking to raise up to $4 billion at a pre-money valuation of $14.5 billion, led by Coatue Management and Blackstone. Lambda’s leadership is targeting a listing in 2027, depending on execution and market conditions. As of October 6, 2026, the round was still under negotiation, the amount and valuation were proposed figures, and Lambda did not immediately respond to a ReutersReutersReuters is an international news agency founded in London in 1851 by Paul Julius Reuter and is now the news business of Thomson Reuters. It provides text, photo, video, and graphics coverage to media and institutional clients and distributes it through channels such as Reuters Connect.Open the full entry request for comment.⁠[6][6][6][6][7]

CTEK materials warn that investing in the fund carries a substantial risk of loss, that the fund lacks an operating history, that its shares are not listed on a securities exchange and have limited liquidity, and that it may use leverage. Firm-level strategies, assets under management, the number of portfolio companies, and featured holdings also cannot substitute for a specific fund’s prospectus, holdings reports, or performance materials; this entry does not infer personal holdings from public bylines, nor does it present historical exits as current holdings.⁠[1]