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Coatue Management's fund completes $331 million financing, 34% below target.

2023-08-01 01:22
Odaily News: Coatue Management, an investment firm, has raised $331 million for its latest fund, which is 34% lower than the target amount. Last year, three general partners, including Luca Schmid, left Coatue Management. Luca Schmid led the firm's notable investments in the crypto and fintech sectors. (Source: The Information)

Coatue Management is a hedge fund based in New York that focuses on technology companies. It previously led a $300 million Series C funding round for OpenSea.