Coatue Raising Money for Private Equity Fund

The Tiger Cub headed by Philippe Laffont is seeking capital even as the IPO market dries up.

Philippe Laffont (Chris Goodney/Bloomberg)

Philippe Laffont

(Chris Goodney/Bloomberg)

Coatue Management is raising money for a new private equity fund.

The Tiger Cub headed by Philippe Laffont is seeking capital for Coatue Opportunity Fund I L.P. and Coatue Opportunity Offshore Fund I, according to regulatory filings. The firm did not disclose any additional information in the filings, which also did not indicate that the funds have raised any money so far.

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