An atmosphere offering the utmost in privacy and security, while at the same time affording easy access to an abundance of nearby amenities. 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. 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 . Besides the new Montecito digs, theres also a $24 million apartment in one of Manhattans most prestigious Fifth Avenue co-op buildings, an elegant estate in New Yorks Locust Valley hamlet, and a sprawling compound in stunningly scenic Nantucket. The Montecito home last sold for $7.1 million in 2016. Philippe Laffont found in Nantucket. Top 5 Buys of Philippe Laffont's Coatue Management in the 2nd Quarter GuruFocus ranks Agora's financial strength 8 out of 10 on the back of no long-term debt. offers FT membership to read for free. If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. Philippe Laffont is a resident of Locust Valley. Copyright 2023 Nantucket Dreamland Foundation. Coatue Management:This is the hedge fund that just wooed Goldman Sachsstartechnology banker Anthony Noto. The town of Nantucket was incorporated in 1687, and the county was formed in 1695. Who is the owner of Tiger Global? Laffont attributes this success to a patient and long-term investment philosophy, which has seen Coatue grow from $45 million in 1999 to over $25 billion in 2020. Dirt is a part of Penske Media Corporation. The two-structure compound includes a main house and a substantial guesthouse, both of which come equipped with their own two-car garage. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Big Ticket includes closed sales from the previous week ending Wednesday. Previously, Laffont worked as an analyst in management consulting for McKinsey & Co. from 1992 to 1994 in Madrid, Spain. Coatue Management has $25 billion in overall assets under management. 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%. The fund is down 17% this year better than rival tech hedge funds and its short book is up 32%. Even the financial savant Charles Schwab paid more than $2 million above the $25 million listing price for his ninth-floor apartment there. Price $11.7 million. There are also a formal dining room, office area and, per the listing, a wine cellar. 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. No one from Coatue has been charged with wrongdoing, to the best of our knowledge. Already a subscriber? Philippe P Laffont, 55. All Filters. And Philippe you're also a tiger cub, I believe, as well. Tiger Global is down 52% for the year, Bloomberg reported Thursday. The lower level is highlighted by formal family and living rooms, both with fireplaces and French doors that open to a charming central courtyard, while a gourmet kitchen comes equipped with high-end appliances, a built-in desk and center eat-in island topped by a skylight. Personal Profiles for Frederic J Laffont from Nantucket, MA and Frederic F Laffont from Vero Beach, FL, and three other persons with the same name, their addresses, phone numbers, emails . 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. A former student of Julian Robertson's Tiger Management, Philippe Laffont founded Coatue in 1999. Location: And though it may not have been the initial intention of the call to obtain that exact information, it would be very easy for the material information to slip out to a hedge fund. and the president of Underhill Industries who died in 2008. 1999 New Position Tesla Inc ( TSLA) - 1,479,068 shares, 6.93% of the total portfolio. FrontPoint investors pulled $3 billion from the fund after news that its healthcare manager. It's believed that the hedge fund derives its name-Coatue-from one of Laffont's choice vacation spots in Nantucket, Massachusetts. Coatuemanages around $7 billon and recently opened an office in Menlo Park, California to be closer to some of itsSilicon Valley targets. Refine Your Results. 15 Fulling Mill Rd, Nantucket. He was a research analyst at Tiger Management in the 1990s, where he honed his skills as a talented stock-picker and manager of long-short equity funds, and continues to capitalize off of those strategies fifteen years later. An additional nanny room also features an ensuite bath. February 14, 2022 Philippe Laffont (Chris Goodney/Bloomberg) Coatue Management is raising money for a new niche hedge fund.According to a regulatory filing, the Tiger Cub headed by Philippe. Laffont, a soft-spoken and publicity-shy Frenchman, has built one of the world's best-known technology-focused hedge funds, and has a growing business investing in private companies. Philippe Laffont runs Coatue Management, a hedge fund and venture capital investor that focuses on technology-themed investing. Philippe Laffont #1517 Philippe Laffont Philippe Laffont runs Coatue Management, a hedge fund and venture capital that focusses on technology-themed investing. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. MAILING: PO BOX 989 Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. Access your favorite topics in a personalized feed while you're on the go. 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. 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. Not only does Philippe Laffont deal in hedge funds specifically, those in the tech arena (think Uber, and most recently, DoorDash) he apparently has a fondness for communities that carry the name hedge as well. Brothers, reunited snapped up after his death by Rupert Murdoch, Phill Laffont is 54 years old, and lives in NY. is far from unprecedented. The primary quarters now offer 6,000-plus square feet of stylish living space on two levels rife with period details, including wood-beamed ceilings, hardwood flooring, a lovely mosaic-tiled staircase and five vintage fireplaces. Anchor investors have committed more than $1.2 billion for a new fund dedicated to structured equity and is targeting $2 billion, according to the investor update. 834 5th Ave, NY. New York, NY Possible relatives for Philippe Laffont include . Initially priced at $27.5 million, the unit lingered on the market through the downturn until this year, when its reduction to $23 million reignited the acquisitive instincts of several billionaire suitors. His is a story that needs to be told - and heardwhich is why we decided to profile him in this Manager Monday. 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. 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. It may be helpful to read some of the helpful background information about why investment management firms use the networks that our source provided. "Coatue will talk to anyone who seems like they have information that will prove their investment thesises and support their fundamental research," he says. Thomas Laffont Co-Founder, Coatue Management Menlo Park, California, United States 1K followers 500+ connections Join to connect Coatue Management Yale University About Co-founded Coatue. Resides in New York, NY. Get our latest stories in the feed of your favorite networks. 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 . Website: Browse Locations. More Tiger Cubs will be investigated, says our source, and he's not surprised that Coatue is one that authorities are looking at. organisation Premium. Public records for Philippe Laffont, 54 years old. Get the latest scoop directly in your inbox. View Philippe Laffont's record in New York, NY including current phone number, address, relatives, background check report, and property record with Whitepages. Kathy Penske, Director Emeritus Philippe Laffont's hedge fund is doubling down big on fintech payments holding over $1.3 billion in shares of Square (SQ.) Information about the iPhone 4's new camera, obviously, is worth millions to someone who is investing in the company that makes the camera. Coatue is characterizedas along/short, tech-focused hedge fund. the chairman of the News Corporation, for an attention-grabbing $44 million. Lived In Nantucket MA. Resting on almost two acres of park-like land between the Lower and Upper Montecito villages, Laffonts newly purchased estate overlooks mesmerizing views of the Santa Ynez Mountains. by e-mail. The company has 1 contact on record. These winter days, you'll probably find him in his Patagonia and corduroys, walking around the upper east side, where Coatue is located. Coatue is also cobbling together a wish list of 40 stocks it's keen to buy if the price is right, the presentation said. OFFICE: 508.332.4822 info@nantucketdreamland.org MAILING: PO BOX 989 Nantucket, MA 02554. 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. Redemptions at Level Global, another raided fund, are up to $750 million. Philippe Laffont, Director Emeritus Phillipe Laffont is big on a certain top Goldman tech banker. Includes Address(6) Phone(10) Email(2) See Results . 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. Login. The phone number (508) 228-9386 is also used by P Laffont, Frederic J Laffont, Philippe P Laffont. The fund is down 17% this year better than rival tech hedge funds and its short book is up 32%. Inside the rise and fall of Coatue's much-hyped but short-lived $350 million quant fund. Your entire office will be able to use your search subscription. He didn't elaborate on which expert network or which funds might have received information like this. Philippe Laffont of Coatue Management. 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. Coatue Management founder and billionaire Philippe Laffont has cemented himself as a highly successful fund manager. 2016 Capital: Not only does Philippe Laffont deal in hedge funds specifically, those in the tech arena (think Uber, and most recently, DoorDash) he apparently has a fondness for communities that carry the name hedge as well. 1 found for Phill Laffont in Nantucket, Massachusetts. Details. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Shares reduced by 29.13% The demand for dividend stocks has also been gaining traction as more people look for consistent revenue sources now that there is so much market uncertainty. While double-digit losses are nothing to celebrate, the firm's performance amid the market sell-off this year has outpaced other tech hedge funds as well as the Nasdaq Composite Index, the tech benchmark that has fallen 24% this year. Utilize our advanced search form to filter the search results by Company Name, City, State, Postal Code, Lot Size 1.9 acres. The most recent tenant is Ana Laffont. The listing brokers were Ann Jeffery and Mary Rutherfurd of Brown Harris Stevens. The firm he runs, Coatue, looks a lot like billionaire Chase Coleman's Tiger Global Management,. Philippe Laffont is a hedge fund manager. Laurance S. Rockefeller, John Schmidt, Chair One Tiger Cub, Tiger Asia Management, is already being investigated by regulators. 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