In an all around tough time for technology stocks, and hedge funds that have focused their portfolios on tech stocks have suffered due to the slump. Tiger cubs, off-shoots of Julian Robertson’s Tiger Management, have seen lukewarm returns in the last quarter after a particularly profitable 2013. Coatue’s $7 billion fund slumps in Q1 PhiIippe Laffont’s Coatue Management has been particularly hard hit; the flagship hedge fund with $7.1 billion under management posted a loss of 7.2% in Q1, according to performance data reviewed by ValueWalk. Coatue’s smaller allocations which were launched in the first half of 2013 are not doing…
Coatue Slumps 7%; Invests In Snapchat And Flipboard In Q1
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.