Buyer Philippe Laffont. Lookup the home address, phone numbers, email address for this person. Walt Disney Coatue purchased. While logged in and authenticated, you will not be asked to solve any complicated Recaptcha V2 challenges. Philippe Laffont. Sign up for notifications from Insider! The two-structure compound includes a main house and a substantial guesthouse, both of which come equipped with their own two-car garage. Philippe. View Philippe Laffont's record in New York, NY including current phone number, address, relatives, background check report, and property record with Whitepages. OFFICE: 508.332.4822 info@nantucketdreamland.org MAILING: PO BOX 989 Nantucket, MA 02554. According to one source I spoke to, Coatue is likely managing between $70 billion and $90 billion today. To protect our site, we cannot process your request right now. Laffont. Though substantial, the estate is completely dwarfed by a massive $80+ million ranch compound directly across the street, a property widely believed to be owned by Google co-founder Sergey Brin. Dirt is a part of Penske Media Corporation. No. Witness this inconspicuous ranch-style home on one of the areas best streets, tucked discreetly away behind gates and hedges. Nantucket Dreamland Theater. Charles Ryan, Director Emeritus Instead, Coatue is down just 17% for the year, according to the mid-May investor update. Coatue invested $50 million in photo messaging application company Snapchat that December, Back to Hedge Fund 100 Firm Profile Ranking Coatue Management,Philippe Laffont's ~$3.5 billion tech-focused hedge fund is being investigated related to possible insider trading violations, a source tells Business Insider. Founder Philipe Laffont is well known for quickly cutting positions amid market turbulence. Despite any feigned or perceived modesty, the low-key property has traded hands for a whopping $13 million not once but twice in the last two years. You can find the latest New York Today The team, run by a young partner named Alex. That was born out in the investor update, which revealed the fund had its greatest allocation to cash since the Dotcom bubble in 2000, when cash exposure ranged from 40% to 80%. and is located at 14 Easy Street, Nantucket, MA 02554. 86 Lived In Nantucket MA. Perhaps surprisingly, the property does not currently include a pool or an ocean view, for that matter but the house is a short three-minute walk to Little Dume, the all-but-private beach that possesses one of L.A.s most scenic coastlines. Philippe Laffont of Coatue Management. Philippe Laffont Coatue Management, LLC Hedge Fund Manager Ranked #128 out of 483 Hedge Fund Managers Portfolio Gain +159.19% Since Jun 2013 Sharpe Ratio 1.93 Average Hedge Fund Sharpe: 1.48991 How are Hedge Funds Ranked? 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. Inside the rise and fall of Coatue's much-hyped but short-lived $350 million quant fund. Found close-by is Miramar Beach, along with fine dining, shopping, and the upscale Rosewood Miramar, Four Seasons Biltmore and San Ysidro Ranch resorts. Chris Cortazzo of Compass held the Malibu listing; Lily Harfouche of Coldwell Banker repped Laffont. He named the fund for the vacation spot; Coatue is a long barrier. New Position Tesla Inc ( TSLA) - 1,479,068 shares, 6.93% of the total portfolio. The upstairs level, meanwhile, houses four large bedrooms, including a master retreat with a balcony, expansive closet, and luxe spa-inspired bathroom with soaking tub and separate shower. Other hedge funds with a technology focus, like D1 Capital, Lone Pine, and Whale Rock, have also suffered. No. 1 found for Phill Laffont in Nantucket, Massachusetts. If you're happy with cookies click proceed. The Nantucket Dreamland Foundation is a 501(c)(3) nonprofit corporation and public charity. What, if anything, do you say in the elevator? You may change or cancel your subscription or trial at any time online. In contrast to the main residence, the new-ish guesthouse is decidedly contemporary in architectural style, featuring soaring ceilings and rows of glassy sliders. personalising content and ads, providing social media features and to 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. and the president of Underhill Industries who died in 2008. He deserved every cent, since he managed to navigate a pandemic and a political and economic. Like most so-called Tiger Cubs, the tech-focused hedge fund Coatue has lost significant money this year. Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking delivered daily to your inbox. Hedge Fund Net Worth $8.92B Philippe Laffont manages more assets than 50% of other Hedge Fund Managers Average Return +14.59% Compare Standard and Premium Digital here. View the profiles of professionals named "Philippe Laffont" on LinkedIn. 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. 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. cookies Laffont founded Coatue Management in 1999. Keep abreast of significant corporate, financial and political developments around the world. Philippe Laffont, Founder and CEO of Coatue Management - Part I OneWire 4.02K subscribers Subscribe 206 25K views 9 years ago OneWire ( http://www.onewire.com/videos) interviews Philippe. Purchased in 2009 for just under $15 million, the 4.6-acre estate includes a tennis court and lies just across Nantucket harbor from Coatue Beach, for which the Laffonts hedge fund is named. The listing brokers were Ann Jeffery and Mary Rutherfurd of Brown Harris Stevens. Our sourceused to work at an expert network much like Primary Global. Since 1976, Metropolitan Diary has been a place for New Yorkers, past and present, to share odd fleeting moments in the city. Laffont is one of the so-called "Tiger Cubs," having worked . (Verizon New England, Inc). The Registered Agent on file for this company is C. Richard Loftin, Esq. Tech . 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. 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. info@nantucketdreamland.org 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. There are four bedrooms, including a luxurious owners suite with a custom closet and oversized bath. 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. analyse how our Sites are used. 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. Coatue Management now owns a 3.94% ownership stake in the . An ornate 15-room duplex at 834 Fifth Avenue, the Rosario Candela-designed bastion of international billionaires, sold for $24 million, the most expensive sale of the week, according to city records. Coatue also benefitted from founder Philippe Laffont's penchant for turning to cash in a crisis. The phone number (508) 228-9386 is also used by P Laffont, Frederic J Laffont, Philippe P Laffont. Coatue is characterizedas along/short, tech-focused hedge fund. An atmosphere offering the utmost in privacy and security, while at the same time affording easy access to an abundance of nearby amenities. Big Ticket includes closed sales from the previous week ending Wednesday. At age 50, Forbes estimates that Laffont is now a billionaire, with a net worth of $1.4 billion. In addition, 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. RLX Technology Inc. (NYSE:RLX), a China-based e-vapor company, is one of the best stocks under $25 to buy according to billionaire Philippe Laffont, who owns . It's believed that the hedge fund derives its name-Coatue-from one of Laffont's choice vacation spots in Nantucket, Massachusetts. Lot Size 1.9 acres. Philippe can be reached at plaffont@msn.com Main Address 15 Fulling Mill Rd, Nantucket, MA 02554 County: Nantucket County FIPS: 250199505002100 Possible connections via main address - Frederic Labonte, D Laffont Latitude, Longitude: 41.2943659, -70.046514 Phones (508) 228-9386, (508) 843-3991 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. 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. Laffont also keeps at least one apartment in Manhattan, and his brother continues to maintain a large blufftop home in Massachusetts, on endlessly scenic Nantucket Island. Wendy Schmidt, Director Emeritus, OFFICE: 508.332.4822 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. Coatue Management:This is the hedge fund that just wooed Goldman Sachsstartechnology banker Anthony Noto. "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). 212-371-1297. Its believed that thehedge fundderives its nameCoatuefromone of Laffonts choice vacation spots in, Laffont is considered a protege of famous Tiger Management luminary. Other interior amenities include a stacked-stone fireplace, a dining area, and a European-style country kitchen with custom cabinetry and high-end appliances. Management Consulting Services, 339 Duck Pond Rd, Locust Valley, NY 11560, Chief Investment Officer, Portfolio Manager in Coatue Capital, President, Director in Dreamland Theatre Inc, Johns Hopkins Whiting School of Engineering. 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. Leah Day VanHorn, Vice Chair One issue is that often these employees are unaware that the information that they have is inappropriate. Coatue also has made a number of investments in more established technology companies like Facebook and Amazon, according to, Reports indicate Coatues performance has suffered in light of a. 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%. by e-mail. He explains that expert networks often use consultants that have access to information about, for example, Apple's inventory data for a specific product or component. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Hopes Fade in Manhattans Darkened Neighborhoods. live in close proximity in New York. Coatue Management is a tech-focused long-short equity hedge fund. Like Robertson, Philippe built his empire from relatively humble beginnings. In a somewhat ironic twist of circumstances, the Belgian-born, New York-based tycoon recently purchased an historic Spanish Revival-style residence situated in Montecitos coveted Hedgerow district, which is known for its stunning estate homes sited on oversized lots encased by towering hedges hence, the name. From 1996 to 1999, he worked as a research analyst at Tiger. Two houses with a total of 5 beds, 5 baths, Refined Estate in the Hills Sells to Fayed Family Member, Rob Lowes Son John Owen Scores LA Home With Big Views, Mark Wahlbergs $55 Million Mansion Sold to Buyer of Heather Dubrows Newport Chateau, Britney Spears Takes Hefty Loss on Calabasas Mansion, Glitzy Hollywood Regency Lair Up for Grabs in Palm Springs' Most Over-the-Top Enclave, South Pasadena House Remodeled by RM Schindler Needs a Hero, Michael Milkens Son Asks $64 Million for Longtime Palisades Home, New York Hedge Funder Lands Classic Santa Monica Home. Shares added by 31.25% Moderna Inc ( MRNA) - 4,287,003 shares, 4.83% of the total portfolio. John Schmidt, Chair Philippe Laffont is a resident of Locust Valley. But because the information received is not available to the retail investor, it might be considered insider information by a court. We would like to show you a description here but the site won't allow us. Past residents include Ana Diezderivera, Justin Fredericks, Sandra Fredericks, Stephen Fredericks and Philippe Laffont. After working as an independent consultant for several years, Laffont joined Tiger Management LLC as a research analyst in 1996. The conversations they have with experts provide them with information that is not readily available to the retail investor. The New York-based fund may not be as well known as, say, John Paulsons eponymousPaulson & Co,but its a known quantity in Silicon Valley circles. The three-bedroom three-and-a-half-bath duplex, whose amenities include a wine cellar, extensive mahogany detailing, and a seven-room suite for the staff, was sold by the estate of Walter Goldstein, a concrete mogul Lookup the home address and phone 5166711606 and other contact details for this person. Check if your Join Facebook to connect with Philippe P Laffont Nantucket and others you may know.. He is a so-called Tiger Cub, having spent time working at Julian Robertson's Tiger Management hedge fund. The company's principal address is 0 Tuckernuck, Nantucket, MA 02554. "Whenever things aren't ripping, he cuts," a former employee said. The fund is down 17% this year better than rival tech hedge funds and its short book is up 32%. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. An additional nanny room also features an ensuite bath. The town of Nantucket was incorporated in 1687, and the county was formed in 1695. Who is the owner of Tiger Global? Mr. Rockefellers penthouse was Access your favorite topics in a personalized feed while you're on the go. This site is protected by reCAPTCHA and the Google. The fund's portfolio stands at more than 80% cash an enormous allocation that outstrips the amount of greenbacks it hoarded during the Great Financial Crisis or the Covid-19 selloff in 2020. From left: Thomas Laffont, Coatue's head of private investments; Philippe Laffont, Coatue's billionaire . Coatue Management has $25 billion in overall assets under management. 2016 Hedge Fund 100 Rank: We support credit card, debit card and PayPal payments. Coatue was founded in 1999 by Philippe Laffont. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. In 2020, Coatue built a significant short position in Wirecard and expanded its stake . The one possible email address for Frederic is flaffont@comcast.net . . Coatue Management, a secretive hedge fund run by the billionaire Philippe Laffont, has had a wave of departures from its vaunted data-science team. offers FT membership to read for free. The funds that have been implicated so far have been severely damaged by the scandal, For example: Here's what Coatue was holding as of Q4 2010 (dollar value x$1,000), according to the latest 13F: AMERICAN SUPERCONDUCTOR CORP: $35,686 (1,147,464 SH), AMERICAN TOWER CORP: $115,407 (2,251,404 SH), ARUBA NETWORKS INC: $37,144 (1,740,592 SH), ASSURED GUARANTY LTD: $18,694 (1,092,565 SH), CITRIX SYS INC: $267,199 (3,915,578 SH), CONCUR TECHNOLOGIES INC: $26,738 (540,821 SH), CROWN CASTLE INTL CORP: $167,996 (3,805,120 SH), F5 NETWORKS INC: $330,496 (3,183,660 SH), INTERNATIONAL RECTIFIER CORP: $46,117 (2,186,672 SH), J2 GLOBAL COMMUNICATIONS INC : $214 (9,000 SH), NETLOGIC MICROSYSTEMS INC: $51,985 (1,884,888 SH), NUTRI SYS INC NEW: $11,828 (614,747 SH), SBA COMMUNICATIONS CORP: $75,819 (1,881,359 SH), SEAGATE TECHNOLOGY PLC: $49,851 (4,233,616 SH), SKECHERS U S A INC: $25,682 (1,093,323 SH), SUCCESSFACTORS INC: $15,382 (612,584 SH), TD AMERITRADE HLDG CORP: $63,339 (3,921,890 SH), VEECO INSTRS INC DEL : $10,461 (300,000 SH), WESTERN DIGITAL CORP: $51,906 (1,828,305 SH).