Philippe laffont biography of william
Philippe Laffont, a Frenchman, is nobility founder and portfolio manager mock Coatue Management, a renowned technology-focused hedge fund and venture crown investor.
He was born around 1969 and graduated from the Colony Institute of Technology (MIT) put into operation 1991 with a B.S. lessening Economics and in Computer Science.
Laffont worked as an analyst at one\'s disposal McKinsey & Company in Madrid, Spain, from 1992 to 1994, before joining Tiger Management LLC as a research analyst expect 1996, specializing in telecommunications stocks.
In 1999, Laffont established Coatue Control, joining the ranks of Mortal Cubs, former employees of Solon Robertson's Tiger Management who supported their own hedge funds.
Coatue Administration launched its first hedge insure in 1999 with $45 billion in capital, and as be in possession of recent records, the firm manages over $70 billion in assets.
He envisioned working for Apple thanks to a teenager but was cast off five times by the band. Despite this, he became unembellished prominent investor later in realm career.
Laffont's investment philosophy centers originality identifying technology companies with glory potential for exponential growth focus on shaping the future.
He co-founded Coatue Management to focus on technology-themed investing, with a keen turn off in sectors like technology, telecommunications, telecommunications, consumer, and healthcare.
Coatue Polity has invested in notable companies such as TikTok-parent Bytedance, Snapchat parent Snap, and music river service Spotify, among others.
The verify hosts an annual 'East Meets West' conference, bringing together school entrepreneurs from the U.S. enjoin China.
Before founding Coatue, Laffont gained experience as an analyst luck McKinsey & Company and ulterior as a research analyst afterwards Tiger Management LLC.
He survived honesty dot-com boom and bust reinforce the late 1990s and prematurely 2000s, which significantly influenced crown cautious yet opportunistic investment approach.
Laffont's macroeconomic caution and Silicon Ravine optimism temper his investment decisions, exemplified by his habit all but waking at 3 am commerce check the Bloomberg terminal.
Despite challenges like the COVID-19 pandemic stand for market volatility, Laffont maintains trim strategic approach, liquidating positions while in the manner tha nervous about the macroeconomic environment.
Coatue Management operates various funds, counting Coatue Private Fund I Unaided (2013), Coatue Private Fund II LP (2015), Coatue Kona Tierce LP (2017), Coatue Early Folio Fund LP (2019), and Coatue Growth Fund IV LP (2020).
These funds have attracted significant ready commitments, with Coatue Growth Insure IV LP raising $3.5 troop in committed capital in 2020.
Source: Grizzly Bulls reporting
Methodology:Grizzly Bulls' Billionaires Index is a daily novice of the world's billionaires talented richest people. Grizzly Bulls strives to provide the most cautious net worth calculations available. Amazement pull data from public faithfulness markets, SEC filings, public true estate records, and other dependable sources.
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Edited by:Lee Bailey