Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-infused boom, is raising $1 billion to back AI-focused companies, Bloomberg reported on Monday.

Philippe Laffont’s Coatue Management is a popular hedge fund to track. The fund has $23.84 billion in 13F assets under management (AUM) and had a total AUM of $47.87 billion as of May 2023.

NEW YORK, May 15 (Reuters) - Prominent hedge funds including Arrowstreet Capital LLC, D1 Capital Partners and Coatue Management LLC were among the investors that bought shares of Meta Platforms ...

Investment firm Coatue Management is closing its European office in London two years after it opened, part of a strategy overhaul to adjust to a downturn in the technology market. In an internal ...

Coatue Management, a hedge fund that invested heavily in tech startups during the pandemic-infused boom, is raising $1 billion to back AI-focused companies, Bloomberg reported on Monday. The funding, ...