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.
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 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.
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.
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.
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.