The Latest Tiger Cub to Go Quant

Coatue is at least the second descendant of legendary fundamental shop Tiger Management to launch a computer-driven hedge fund, after Maverick blazed the trail.

Lee Ainslie, managing partner at Maverick Capital Management (Daniel Acker/Bloomberg)

Lee Ainslie, managing partner at Maverick Capital Management

(Daniel Acker/Bloomberg)

When you think of Tiger Cubs and other descendants of Julian Robertson Jr.’s Tiger Management, you think of deft stock pickers going both long and short.

So it was interesting to learn recently that Philippe Laffont’s Coatue Management is seeking to raise $250 million for a fully systematic, market-neutral fund, according to Bloomberg, citing a letter to clients.

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