Coatue Launches Offshore Long-Only Fund, Citadel Could Close Flagship

Tiger cub Philippe Laffont’s Coatue Management has launched an offshore version of its long-only fund. Coatue Long-Only Offshore Fund has opened up with $18 million under management, according to a regulatory filing seen by II Alpha. Earlier in May, Laffont launched Coatue Long-Only Partners with $45.5 million. Coatue Management also launched another fund to invest in pre-IPO startups, earlier this year. The $300 million fund was established to invest in tech companies. One of its very first private equity investments was in the BOX.com venture last year. Coatue also launched the Coatue Hybrid Fund with $270 million under management in February….