Philippe Laffont | |
|---|---|
| Born | Belgium |
| Education | Massachusetts Institute of Technology |
| Occupation | Hedge fund manager |
| Known for | Founder Coatue Management LLC |
| Spouse | Married |
| Website | coatue |
Philippe Laffont (born 1967) is a French hedge fund manager, investor, and philanthropist. [1] He is the founder and chief investment officer of Coatue Management, a global technology focused investment firm managing tens of billions of dollars in assets. [2] Laffont is known for his early investments in transformative technology companies and his roots as a "Tiger Cub” a term for alumni of Julian Robertson’s Tiger Management. [3]
Laffont was born in Belgium, grew up in France[ where? ] and later moved to the United States. He earned both a Bachelor of Science and a Master of Science in Computer Science from the Massachusetts Institute of Technology (MIT), graduating in 1991. [4]
Laffont began his professional career as a management consultant at McKinsey & Company in Madrid. He later joined Tiger Management as a research analyst in 1996, where he focused on telecommunications and technology investments. [5]
In 1999, Laffont founded Coatue Management, named after a beach on Nantucket Island. The firm specializes in technology, media, and telecommunications sectors and operates in both public and private markets. [6] Under Laffont's leadership, Coatue has become one of the most prominent tech-focused hedge funds globally, with assets under management estimated to range from $25 billion to $46 billion. [7]
Coatue has invested in major public companies such as Amazon, Meta Platforms, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing Company (TSMC). [8] The firm is also active in venture capital, backing private companies including ByteDance, Snap, DoorDash, and OpenAI. [9]