Tuesday, 31 May 2016
Last updated 3 days ago
Oct 11 2013 | 12:59pm ET
Hedge fund Coatue Management has launched another new offering, its fourth of the year.
The firm, led by Tiger Management veteran Philippe Laffont, rolled out an offshore version of its long-only strategy with $18 million, it said in a regulatory filing. Long-Only Offshore comes just four months after Coatue opened the onshore version of the strategy, Long-Only Partners, with $45.5 million.
Earlier this year, Coatue launched its $270 million Hybrid Fund and a $300 million pre-initial public offering startups fund. The firm has a total of $6.5 billion in assets under management.