Philippe Laffont is the founder and chief investment officer of Coatue Management, a technology-focused hedge fund managing approximately $28 billion in assets. Coatue is one of the most prominent technology investors in both public and private markets.
Born in France, Laffont moved to the United States and graduated from MIT before joining Julian Robertson's Tiger Management, making him another prominent "Tiger Cub." He founded Coatue in 1999, focusing on technology investments — a specialisation that has proven highly lucrative over the past two decades.
Coatue suffered a significant drawdown of approximately -36% in 2022 during the tech sell-off, but has recovered strongly since then. The fund also maintains a major venture capital arm, Coatue Ventures, which has invested in companies like Snap, DoorDash, and Instacart. Laffont's net worth is estimated at approximately $5.5 billion.
SEC 13F filings, Institutional Investor, LCH Investments, Bloomberg
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Return | +15% | +20% | +22% |