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Philippe Laffont’s Coatue Posts Sharp Loss in July

The Tiger Cub was hurt by its biggest internet holdings.

  • By Stephen Taub

Coatue Management had a rough time last month.The firm headed by Tiger Cub Philippe Laffont suffered a 6 percent loss in its main long-short fund in July. As a result, it is up just 1.95 percent for the year, according to two people familiar with the results.The firm declined to

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