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Coatue Raises $1.3 Billion for New Private Equity Fund

The firm is attracting investor interest in the fund at the same time its flagship hedge fund is producing strong performance.

  • By Stephen Taub

       Philippe Laffont, Coatue Management (Photo credit: Chris Goodney/Bloomberg)Coatue Management’s new private equity fund is attracting a lot of investor interest. According to a new letter sent to clients of the firm’s flagship hedge fund and obtained by Alpha, the Tiger Cub has raised $1.3 billion for Coatue Kona III and

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