Coatue Management, L.L.C. (New York)

Name: Coatue Management, L.L.C.
Address: 9 West 57 Th Street, New York, NY, 10019
Telephone: 212-715-5100

Coatue Management, L.L.C. is a large advisory firm based in New York. It manages $20.99 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2012.

Coatue Management, L.L.C provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Coatue Management, L.L.C: assets under management

The assets under management (AUM) of Coatue Management, L.L.C. is $20.99 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 193% since the beginning of its operation, and $14.27 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $20.99 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $953.97 million each.

Coatue Management, L.L.C has custody of $41.34 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Coatue Management, L.L.C. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Coatue Management, L.L.C serves?

The only and largest group of clients of Coatue Management, L.L.C is pooled investment vehicles with 22 clients and $20.99 billion of assets under management. Among the 7 most similar advisory firms, Coatue Management, L.L.C has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $20.99 billion for 22 clients. 14% of the firm’s clients are foreign persons or businesses.

Coatue Management, L.L.C also advises several private funds. Namely, nine hedge funds, twenty two private equity funds, and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Coatue Management, L.L.C.

The company employs 120 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Philippe P Laffont	Portfolio manager	1 Dec 1999	75% - 100%	6028539
Thomas Jerome Laffont	Senior managing director	1 Aug 2003	Other	6028595
Jason Ryan Schwartz	Chief financial officer	1 Mar 2008	Other	4536911
Laura Marie Devito	General counsel and chief compliance officer	1 Nov 2010	Other	6028607
Daniel Senft	Senior managing director	1 Jun 2012	Other	6160248
Vincent Tortorella	General counsel, chief compliance officer and head of proprietary research	1 Jan 2013	Other	6159444
Colleen Kay Lynch	General counsel	1 Mar 2013	Other	6192381
Jaimin Rangwalla	Senior managing director	1 Jan 2014	Other	4833549
Zachary A. Feingold	Chief compliance officer, deputy general counsel	1 Apr 2014	Other	6351634
Xiaotong Zhou	Senior managing director	1 Dec 2014	Other	6469025
Coatue Management Partners Lp	Member	1 Jan 2017	75% - 100%	13-4078032

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Coatue Management Partners Gp Llc	General partner	1 Jan 2017	Other	81-4734657
Philippe P Laffont	Limited partner	1 Jan 2017	75% - 100%	6028539

Based in New York

The principal office where Coatue Management, L.L.C. performs its advisory services is located at 9 West 57 Th Street, New York, NY 10019, which is also the mailing address of the firm. An additional office of the firm is in Menlo Park, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-715-5100 or by fax 212-371-1297. The normal business hours are 9:00 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at coatue.com.