# Coatue Management New York-based technology-focused hedge fund and venture capital firm founded by Philippe Laffont (Tiger Management alumnus). Manages $30B+ across public and private strategies. ## KB Relevance Coatue appears in the vault as a **crossover co-investor** in the highest-profile AI and defense-adjacent companies: - **[[OpenAI]]** — Participated in $40B March 2025 round alongside [[SoftBank]], [[Microsoft]], [[Thrive Capital]] - **[[Anthropic]]** — Co-led $30B raise at $380B valuation with [[ICONIQ Capital]], GIC, [[Founders Fund]] - **[[SpaceX]]** — Series J investor alongside Sequoia, Valor Equity, Fidelity Like [[Tiger Global]], Coatue represents **institutional capital normalization** — the point at which defense tech and frontier AI companies attract mainstream hedge fund capital alongside the politically-aligned VC firms. ## See Also - [[OpenAI]] — Portfolio company - [[Anthropic]] — Portfolio company - [[SpaceX]] — Portfolio company