ADVISORY BUSINESS 
Our Firm 
Coatue Management, L.L.C. (“Coatue Management”) is a Delaware limited liability company, 
with its principal place of business in New York, New York, that was founded in December 1999 
by Philippe P. Laffont.    
Coatue Management provides investment advisory services primarily on a discretionary basis to 
its clients, including U.S. and non-U.S. private investment funds intended for sophisticated 
investors and institutional investors (each a “Fund”, and collectively, the “Funds”).  The sole 
owner of Coatue Management is Coatue Management Partners LP, a Delaware limited partnership, 
for which Coatue Management Partners GP LLC, a Delaware limited liability company, serves as 
general partner.  Mr. Laffont is the principal owner of both Coatue Management Partners LP and 
Coatue Management Partners GP LLC.  He also  serves as the managing member of Coatue 
Management  Partners GP LLC.  Mr. Laffont has overall responsibility for the structuring of 
Clients’ investment portfolios, the generation of investment strategies and the implementation of 
all portfolio transactions.  In certain instances, Mr. Laffont has and expects in the future to 
authorize one or more senior managing directors to place orders to effectuate his investment 
strategy for the Funds.  As of December 31, 2023, Coatue Management managed approximately 
$46,329,517,633
1 of net assets for its clients on a discretionary basis and did not manage any client 
assets on a non-discretionary basis.   
 
Advisory Services 
Coatue Management’s clients include Funds that make (i) Public Investments (as defined below), 
(ii)  Private  Investments  (as defined below), and (iii) both Public  Investments  and  Private 
Investments.  Such clients pursue investment strategies primarily focused on: (a) publicly-traded 
companies in the public markets (the “Hedge Fund Strategy”), (b) investments in growth, mid- to 
late-stage and in some instances, early stage, private companies  (the  “Growth Strategy”), (c) 
venture-focused early stage private market companies (the “Venture Strategy”), (d) investment 
opportunities related to structured capital solutions in publicly listed companies and privately-held 
companies (the “Tactical Solutions Strategy”), and (e) public and private company investments 
across all stages within specific sectors of focus (the “Sector-Focused Strategy”).  Furthermore, 
certain clients are required to fully fund all capital contributions, while other clients make 
commitments to contribute capital over time, for which Coatue Management has sole discretion to 
deploy such capital, including with respect to certain clients’ that will only invest in other Funds 
1  Certain investors in the Funds managed pursuant to Coatue’s Growth  Strategy  (as defined herein)  have opted to fund their 
respective capital calls to the Growth Strategy by providing authorization for such capital contributions to be withdrawn from their 
investment in hedge funds managed by Coatue Management.  For purposes of calculating the assets of the Growth Strategy, the 
full amount of any such investor’s capital commitment has been included even though a portion of that capital commitment will 
remain in the applicable hedge fund until it is called by the Growth Strategy.  Additionally, for purposes of calculating the assets 
of the applicable hedge fund, any such amount that has not been called by the Growth Strategy has been included in the applicable 
hedge fund’s assets.  As of December 31, 2023, a total of $26,848,473 of hedge fund capital is committed to the Growth Strategy 
via the hybrid option and subject to capital calls.     
managed by Coatue Management.  Certain Funds managed pursuant to the Hedge Fund Strategy 
also make Private Investments.   
Coatue Management also manages co-investment funds, funds of one, including funds of one that 
may solely invest through co-investment funds managed by Coatue Management, and certain other 
investment vehicles or entities. Certain funds of one established for institutional investors that 
participate in co-investments do so on an “opt-in” basis where the investor determines whether to 
participate in a particular co-investment opportunity.  Where appropriate under the circumstances, 
Coatue Management also expects to serve as investment adviser to additional accounts, products 
or private investment funds in the future, including funds of one and other pooled investment 
vehicles and may serve as an investment adviser to a registered investment company, as well. 
Coatue Management has also established affiliated entities to serve as general partners  of  the 
Funds.     
Where appropriate under the circumstances, Coatue Management has in the past, and expects in 
the future, to create parallel investment vehicles (and any related entities, as applicable) in order 
to facilitate investments with different tax, regulatory or other applicable circumstances, including, 
but not limited to co-investments.  Such other vehicles may have structures and terms that differ 
from those of the other Funds as set forth in the governing documents of each such vehicle.  In 
addition, in circumstances where a direct private investment by one of the Funds may
                                        
 
                                        
                                             result in 
adverse legal, tax, regulatory or other consequences, Coatue Management has in the past 
established, or caused to be established, and in the future expects to establish, certain alternative 
investment vehicles (and any related entities, as  applicable)  through which the Funds may 
participate in such investment.   
The term “Client” used in this Brochure refers to the Funds collectively and any other clients 
managed by Coatue Management as of the date of this Brochure, including any co-investment 
vehicles and funds of one that are established for a single investor.   
Investment Strategy and Types of Investments  
Coatue Management invests in U.S. and non-U.S. publicly traded equity securities and equity-
related securities, such as equity swaps and options (purchased or written), and other securities 
and financial instruments, including, but not limited to, sovereign debt, corporate debt, bonds, 
notes or other debentures or debt participations, convertible securities, private investments in 
public equity (“PIPEs”),  futures contracts, commodities and other derivative instruments and 
partnership interests,  on behalf of Clients  (“Public Investments”).    Coatue Management also 
invests  in  U.S. and non-U.S.  private  investments  on behalf of  certain  Clients  (“Private 
Investments”).  In addition to the above types of securities, certain Clients of Coatue Management 
invest in digital assets.  Coatue Management concentrates largely on certain sectors, including the 
global technology, media, telecommunications, and some healthcare, healthcare technology, life 
sciences and consumer sectors.  Within these sectors, Coatue Management generally focuses on 
companies related to the mobile internet, fintech, software, digital entertainment and commerce, 
cloud computing, machine learning, artificial intelligence (including sectors that may directly or 
indirectly  otherwise  benefit  from artificial intelligence  tailwinds),  disruptive transportation, 
semiconductors and related technologies, data centers, data center power providers, logistics and 
infrastructure  (including electric vehicles and related technologies),  mobile gaming, user-
generated content and aspects of the sharing economy and global internet sectors, among others.  
Coatue Management has, and in the future expects to, make investments for certain Clients outside 
of these core sectors, particularly in the context of short positions established in connection with 
certain Funds managed pursuant to the Hedge Fund Strategy.  Coatue Management has in the past 
and expects in the future to invest across multiple geographies, including, but not limited to, 
Europe, the Middle East, and Asia (including without limitation, China, India, Korea and Japan). 
Coatue Management’s investment approach is primarily based on fundamental research; all Clients 
rely primarily on fundamental research and an overall long-term investment horizon.  As noted 
above,  the Hedge Fund Strategy  focuses  on Public Investments, while certain other Clients, 
including those Funds managed pursuant to the Growth Strategy and the Venture Strategy, focus 
on Private Investments.  Notwithstanding the foregoing, certain Funds managed pursuant to the 
Hedge Fund Strategy also invest a portion of their assets in Private Investments.  Additionally, the 
Funds managed pursuant to the Sector-Focused Strategy and the Tactical Solutions Strategy invest 
in both Public Investments and Private Investments.   
Coatue Management generally has  established  risk and portfolio management targets and 
guidelines for the accounts  it manages,  however, Coatue Management has broad and flexible 
investment authority, including the discretion to invest in various financial instruments and 
securities.  Coatue Management has the discretion to deviate from established targets and 
guidelines when it deems prudent to do so.  A more detailed discussion of investment strategies 
and types of investments made is provided in Item 8, Methods of Analysis, Investment Strategies 
and Risk of Loss. 
The descriptions set forth in the Brochure of specific advisory services that Coatue Management 
offers to Clients, and investments made by Coatue Management on behalf of its Clients, should not 
be understood to limit  in any way Coatue Management’s investment activities.  Coatue 
Management may offer any advisory services, engage in any investment strategy and make any 
investment including  any not described in this Brochure, that Coatue Management  considers 
appropriate, subject to each Client’s investment objectives and guidelines.   
Ability to Tailor Advisory Services 
Coatue Management provides investment management services directly to its Clients  and not 
individually to investors in the Clients.  Coatue Management has defined investment objectives 
for its Clients, as set forth in the respective offering memoranda or other applicable governing 
documents  for  the Client, and tailors its advisory services  to meet these objectives.  Coatue 
Management monitors and manages certain internal portfolio guidelines.  These internal guidelines 
confer no rights on Clients or investors and impose no additional legal obligations upon Coatue 
Management.