Multistrategy investor Coatue Management has amassed at the very least $6.58bn to date for its fifth growth-investment technique and probably extra from a feeder fund, regulatory filings present.
The New York agency, which additionally operates hedge funds and venture-capital automobiles, mentioned its Coatue Growth Fund V LP had collected capital from 692 buyers. It additionally reported a $3.21bn gross worth for its Coatue Growth V Offshore Feeder Fund LP. The agency mentioned in a submitting that the feeder fund is invested fully within the growth fund, with out specifying whether or not the reported quantities overlap.
The agency additionally has listed different automobiles which have raised cash for the Growth V technique, together with Coatue Growth Fund V Private Investors LLC, which listed a worth of $1.64bn and 1,833 buyers, and Coatue Growth Fund V Private Investors Offshore LP, which had a complete of almost $1.22bn from 976 buyers, separate securities filings present.
Read more: Pehal News