Lookup the home address, phone numbers, email address for this person . Say an expert network was in contact with Apple's warehouse inventory manager. And yet these are the employees that are, in exchange for several hundred dollars of their time, being asked for their expert knowledge and it is typically understood that they will have materially important information. (508) 228-9386 is also used by P Laffont, Dominique F Laffont, Philippe P Laffont. Leah Day VanHorn, Vice Chair Address: This content is from: Compare Standard and Premium Digital here. Coatue's portfolio was buoyed by strong short performance, but also a dramatic liquidation of its positions. A phone number associated with this person is (212) 861-6570 , and we have 7 other possible phone numbers in the same local area codes 212 and 516 . 75. "A majority of the Tiger Cubs use Primary Global," says our source (aTiger Cub is a term used to describe hedge funds whose managers were seeded by Tiger Management, Julian Robertson's behemoth). with up to 5 times the number of maximum matches per search vs. non-subscribers. No. In addition, His New Yorkbased, technology-oriented firm, named after a long barrier beach on Nantucket, Massachusetts where Laffont has summered for thirty years, finished 2013 up nearly 20 percent, thanks to high-flying media, technology and Internet stocks, like electric carmaker Tesla Motors, online business networking company LinkedIn and online and DVD movie rental company Netflix. Robin Rednor, Secretary, John Johnson, Director Emeritus From 1996 to 1999, he worked as a research analyst at Tiger. 212-715-5100 Skinny von Stade (SvS): Today, I'm here with my good friend Philippe Laffont, who is the CEO of Coatue, which is one of the most successful technology oriented hedge funds on the street today. Coatue would be down as much as 40% through May had it held on to its positions from the start of January losses that would put it in league with the likes of Melvin Capital and Tiger Global. Considered one of. And though it may not have been the initial intention of the call to obtain that exact information, it would be very easy for the material information to slip out to a hedge fund. 2016 Hedge Fund 100 Rank: Possible related people for Phill Laffont include Philippe Alfonso Laffont, Dominique F Laffont, Thomas Jerome Laffont, Elizabeth Kaler Laffont, Sophie J Laffont, and many others. Philippe Laffont. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. snapped up after his death by Rupert Murdoch, He is a so-called. OFFICE: 508.332.4822 info@nantucketdreamland.org MAILING: PO BOX 989 Nantucket, MA 02554. Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking delivered daily to your inbox. For a full comparison of Standard and Premium Digital, click here. The Nantucket Dreamland Foundation is a 501(c)(3) nonprofit corporation and public charity. The primary quarters now offer 6,000-plus square feet of stylish living space on two levels rife with period details, including wood-beamed ceilings, hardwood flooring, a lovely mosaic-tiled staircase and five vintage fireplaces. We will continue to publish one item each weekday The conversations they have with experts provide them with information that is not readily available to the retail investor. Specs 6,151 square feet, 5 bedrooms, 6 bathrooms. While double-digit losses are nothing to celebrate, the firm's performance amid the market sell-off this year has outpaced other tech hedge funds as well as the Nasdaq Composite Index, the tech benchmark that has fallen 24% this year. Viking Global was the rare marquee Tiger Cub, the name given to hedge funds spawned from Julian Robertson's Tiger Management, with single-digit losses through April. The contact is Philippe Laffont from New York NY. That means the fund makes both long investments in companies with the expectationthat theyllperform well, andshort bets, or investmentsthat reflect a bearish outlook. So initially, they agree that they won't disclose nonpublic information, but the average Joe Schmo doesn't know what that means. The town of Nantucket was incorporated in 1687, and the county was formed in 1695. Who is the owner of Tiger Global? No one from Coatue has been charged with wrongdoing, to the best of our knowledge. That alone doesn't mean much, he says, because most hedge funds use two or more expert networks (here's a list of the big ones), and Primary Global is probably one of them. Phone: Coatue's long bets, including DoorDash, Netflix, and Peloton, have gotten smoked as well, losing 45%. We use the chairman of the News Corporation, for an attention-grabbing $44 million. Coatue Management: Philippe Laffont's hedge fund purchased a whopping 35.2 million shares, making Rivian the fund's largest position. The company's principal address is 0 Tuckernuck, Nantucket, MA 02554. Back in 1999, Laffont and his billionaire brother Philippe founded Coatue Management, a $17 billion hedge fund known for its heavy investments in technology stocks the Laffonts have made names for themselves by making substantial bets on the likes of Uber, Lyft, and Snapchat. The company has 1 contact on record. We want to hear from you! Philippe. Mr. The wealthiest new hedge fund billionaire joining the ranks of The Forbes 400 is Philippe Laffont, with a net worth of $6.5 billion. The fund is now preparing when and how to redeploy its staggering cash pile, according to the presentation. Coatue's founder, Philippe Laffont, is a '89 MIT grad (MS in Computer Science) who has summered on Nantucket for 30 years. Coatue's founder, Philippe Laffont, is a '89 MIT grad (MS in Computer Science) who hassummered on Nantucketfor 30 years. Melvin Capital is shuttering operations after posting extensive losses in the first five months of the year on top of a dismal 39% decline in 2021. Dirt is a part of Penske Media Corporation. Named one of The Richest in 2020 on Forbes Billionaire List with a $1.4 billion net worth, Laffont, who co-founded Coatue Managementin 1999 with his brother, part-time Malibu resident Thomas Laffont, seems to have picked a sure thing when it comes to this Montecito manse. The unit, No. Philippe Laffont, the 47-year-old founder of Coatue Management, is a Tiger Cub through and through. Public records for Philippe Laffont, 54 years old. Brothers, reunited Hedge Fund Net Worth $8.92B Philippe Laffont manages more assets than 50% of other Hedge Fund Managers Average Return +14.59% www.coatue.com In 2020, Coatue built a significant short position in Wirecard and expanded its stake . The firm he runs, Coatue, looks a lot like billionaire Chase Coleman's Tiger Global Management,. Another reason to be suspicious that the fund will be similarly ensnared in the investigation is that Coatue uses or used Primary Global, the expert network firm that is in the center of the insider trading bust. We are sorry, but your computer or network may be sending automated queries. Not only does Philippe Laffont deal in hedge funds specifically, those in the tech arena (think Uber, and most recently, DoorDash) he apparently has a fondness for communities that carry the name hedge as well. info@nantucketdreamland.org 5 Check if your Laffont and his wife, Spanish-born lawyer Ana Rivera, maintain an impressive flock of luxury residences across the nation. Every month during 2009, analysts from Coatue spoke to a bare minimum of 3 consultants, for example, analysts from Coatue met with consultants on STEC, CREE, Juniper, and Dolby during 2009. The winner Already a subscriber? 3/4C, sold for $1 million above its most recent asking price, but generosity on the part of buyers eager to establish residence at this prestigious co-op building, which accepts all-cash purchases only, Considered one of Candelas masterpieces, 834 Fifth has attracted high-wattage personalities since it was erected in 1931: Bing Crosby was one of the first residents. commentary and analysis you can trust. The popularity rank for the name Dominique was 1851 in the US in 2020, the Social Security . Sign up for notifications from Insider! Other hedge funds with a technology focus, like D1 Capital, Lone Pine, and Whale Rock, have also suffered. You may change or cancel your subscription or trial at any time online. City Room, a news blog of live reporting, features and reader conversations about New York City, has been archived. It may be helpful to read some of the helpful background information about why investment management firms use the networks that our source provided. Shares added by 31.25% Moderna Inc ( MRNA) - 4,287,003 shares, 4.83% of the total portfolio. You can find the latest entries at nytimes.com/diary and on our New York section online. Charles Ryan, Director Emeritus Laffont. Philippe Laffont, Director Emeritus Tiger Global is down 52% for the year, Bloomberg reported Thursday. Even though the intent of the conversation was not to trade on Apple stock, the hedge fund analyst became privy to information that is not available to the average retail investor. Founder Philipe Laffont is well known for quickly cutting positions amid market turbulence.. Coatue also benefitted from founder Philippe Laffont's penchant for turning to cash in a crisis. He named the fund for the vacation spot; Coatue is a long barrier beach on Nantucket. Stay up to date with what you want to know. One Tiger Cub, Tiger Asia Management, is already being investigated by regulators. And Philippe you're also a tiger cub, I believe, as well. He is a so-called Tiger Cub, having spent time working at Julian Robertson's Tiger Management hedge fund. Lived In Nantucket MA. Nantucket, MA (1) Refine Your Search Results. Send us a tip using our anonymous form. Kathy Penske, Director Emeritus Share Price as of January 12: $3.82. In 1999, Coatue opened with just $15 million in assets under management (AUM). Philippe Laffont Profile Coatue Management is a private hedge fund sponsor that is wholly owned by its employees and is headquartered in New York. by e-mail. 2015 Capital: Philippe can be reached via e-mail plaffont@msn.com. Send questions or suggestions Although the property has a history of pending sales, and most recently was listed for rent at $60,000 per month in 2020, records state that this particular property is valued 257.7 percent higher than the typical home in the 93108 ZIP code where its located. Initially priced at $27.5 million, the unit lingered on the market through the downturn until this year, when its reduction to $23 million reignited the acquisitive instincts of several billionaire suitors. Founder Philipe Laffont is well known for quickly cutting positions amid market turbulence. February 14, 2022 Philippe Laffont (Chris Goodney/Bloomberg) Coatue Management is raising money for a new niche hedge fund.According to a regulatory filing, the Tiger Cub headed by Philippe. Anne and Robert Bass expanded the contingent of resident billionaires by spending $42 million for their 12th-floor apartment. . Laffont founded Coatue Management in 1999. But it has fared better than rivals, thanks in part to founder Philippe Laffont's longstanding propensity to slash exposure and build up piles of cash during market turbulence, according to sources familiar with the fund and a recent investor presentation. The listing brokers were Ann Jeffery and Mary Rutherfurd of Brown Harris Stevens. Get our latest stories in the feed of your favorite networks. New York, NY Philippe Laffont, Director Emeritus Jim Pallotta, Director Emeritus Kathy Penske, Director Emeritus Charley Polachi, Director Emeritus . The team, run by a young partner named Alex. Get our latest stories in the feed of your favorite networks. Philippe Laffont's Coatue bets big on Rivian and Pfizer during the fourth quarter. This is just one of the ways that hedge fund analysts can attempt to gain an edge in understanding the demand in products and services in a company that they're interested in investing in, without talking to someone at the target company. Metropolitan Diary continues to publish! 834 5th Ave, NY. View Philippe Laffont's record in New York, NY including current phone number, address, relatives, background check report, and property record with Whitepages. Though no longer on City Room, New York Today continues to appear every weekday morning, offering a roundup of news and events for the city. Hopes Fade in Manhattans Darkened Neighborhoods. John Schmidt, Chair Chief Investment Officer Philippe Laffont ( Trades, Portfolio ), who founded the firm after leaving Tiger Management, takes a top-down approach to stock picking and focuses on the information. The one-acre Laffont Atherton estate was acquired in 2012 for about $13.8 million and is anchored by a Traditional-style mansion of nearly 10,000 square feet. During the market meltdown in 2008 and 2009, cash topped out at 60%, and during the early days of the pandemic, cash stood at more than 20%. Resting on almost two acres of park-like land between the Lower and Upper Montecito villages, Laffonts newly purchased estate overlooks mesmerizing views of the Santa Ynez Mountains. Wendy Schmidt, Director Emeritus, OFFICE: 508.332.4822 personalising content and ads, providing social media features and to Copyright 2023 Nantucket Dreamland Foundation. MAILING: PO BOX 989 View the profiles of people named Philippe P Laffont Nantucket. 6,151 square feet, 5 bedrooms, 6 bathrooms Philippe Laffont, 54 years old the of! And Philippe you & # x27 ; s Coatue bets big on Rivian Pfizer., 5 bedrooms, 6 bathrooms can be reached via e-mail plaffont @.! Day VanHorn, Vice Chair address: this content is from: Compare Standard Premium! Amid market turbulence is from: Compare Standard and Premium Digital here working at Robertson! Brokers were Ann Jeffery and Mary Rutherfurd of Brown Harris Stevens city Room a... 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