1 found for Phill Laffont in Nantucket, Massachusetts. 6,151 square feet, 5 bedrooms, 6 bathrooms, Michael Milkens Son Asks $64 Million for Longtime Palisades Home, Frank Lloyd Wrights Only Oceanfront Home Sells for Record Price, Britney Spears Takes Hefty Loss on Calabasas Mansion, Sprouts CEO Bags Oceanfront Carpinteria Beach House, Ellen DeGeneres Sells Montecito's Historic Rancho San Leandro to Bumble CEO, Lavish Montecito Mansion Where Meghan and Harry Filmed Netflix Doc Listed at $33.5 Million, Refined Estate in the Hills Sells to Fayed Family Member, New York Hedge Funder Lands Classic Santa Monica Home. 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 . 1999 Jim Pallotta, Director Emeritus The Nantucket Dreamland Foundation is a 501(c)(3) nonprofit corporation and public charity. The firm he runs, Coatue, looks a lot like billionaire Chase Coleman's Tiger Global Management,. Unsurprisingly for a tech-focused businessman, Laffont maintains a swanky estate up in Northern Californias Silicon Valley specifically, in the enormously wealthy town of Atherton, where some of his nearest neighbors include billionaires like Twitters Omid Kordestani, KKRs George Roberts and WhatsApps Jan Koum. 212-715-5100 The winner Leah Day VanHorn, Vice Chair FastPeopleSearch results provide address history, property records, and contact information for current and previous tenants. Ultimately, it could spill out anyway, and the hedge fund might trade on it. Though no longer on City Room, New York Today continues to appear every weekday morning, offering a roundup of news and events for the city. Earlier this year, Purchased in 2009 for just under $15 million, the 4.6-acre estate includes a tennis court and lies just across Nantucket harbor from Coatue Beach, for which the Laffonts hedge fund is named. Back in summer 2017, married Argent Pictures producers Ryan and Jill Ahrens paid Equinox gym founder Danny Errico the aforementioned $13 million for the landlocked but well-located spread. You can still enjoy your subscription until the end of your current billing period. His is a story that needs to be told - and heardwhich is why we decided to profile him in this Manager Monday. Charley Polachi, Director Emeritus 2023 Dirt.com, LLC. To be sure, Coatue wasn't the only tech-focused cutting positions the tech-stock swoon contributed to a flurry of first-quarter selling among Tiger Cubs, according to data from the Securities and Exchange Commission compiled by Bloomberg. Less than a year after being ravaged by 2018s Woolsey Fire, Malibus star-studded Point Dume neighborhood has seemingly made a full real estate market comeback. New York, NY MAILING: PO BOX 989 Send us a tip using our anonymous form. Coatue Management is a tech-focused long-short equity hedge fund. He named the fund for the vacation spot; Coatue is a long barrier beach on Nantucket. Ray Brusca, Treasurer An additional nanny room also features an ensuite bath. SELECT AGE . Instead, Coatue is down just 17% for the year, according to the mid-May investor update. Get our latest stories in the feed of your favorite networks. 5 The main house, a low-slung ranch-style abode with approximately 1,600 square feet of living space, was originally built in 1949 and has since been totally renovated with new wide-plank hardwood floors, soaring walls of glass, an outdoor fireplace and covered lanai with ample space for al fresco dining. the chairman of the News Corporation, for an attention-grabbing $44 million. Coatue liquidated positions and moved to 80% cash during the recent market selloff, according to an investor presentation from May. Tiger Global is down 52% for the year, Bloomberg reported Thursday. We support credit card, debit card and PayPal payments. 2016 Hedge Fund 100 Rank: The town of Nantucket was incorporated in 1687, and the county was formed in 1695. Who is the owner of Tiger Global? The contact is Philippe Laffont from New York NY. From 1996 to 1999, he worked as a research analyst at Tiger. Information about the iPhone 4's new camera, obviously, is worth millions to someone who is investing in the company that makes the camera. For cost savings, you can change your plan at any time online in the Settings & Account section. That was born out in the investor update, which revealed the fund had its greatest allocation to cash since the Dotcom bubble in 2000, when cash exposure ranged from 40% to 80%. Laffont worked at Julian Robertson's Tiger Management until it closed andfounded Coatue in 1999. Kathy Penske, Director Emeritus Philippe Laffont, Director Emeritus 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. Philippe Laffont, Founder and CEO of Coatue Management - Part I OneWire 4.02K subscribers Subscribe 206 25K views 9 years ago OneWire ( http://www.onewire.com/videos) interviews Philippe. 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. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Inside the rise and fall of Coatue's much-hyped but short-lived $350 million quant fund. was Philippe Laffont, the head of Coatue, a multibillion-dollar hedge fund. The listing brokers were Ann Jeffery and Mary Rutherfurd of Brown Harris Stevens. . Founded: We want to hear from you! 70 Lived In Nantucket MA. Witness this inconspicuous ranch-style home on one of the areas best streets, tucked discreetly away behind gates and hedges. 2023 Dirt.com, LLC. No. Though substantial, the estate is completely dwarfed by a massive $80+ million ranch compound directly across the street, a property widely believed to be owned by Google co-founder Sergey Brin. Years on List: Even though the intent of the conversation was not to trade on Apple stock, the hedge fund analyst became privy to information that is not available to the average retail investor. Philippe can be reached via e-mail plaffont@msn.com. But it's now public thatPrimary Global consultant Walter Shimoon (now arrested) was paid just thousands of dollars to pass on to hedge fund managers potentially priceless information about the iPhone 4 camera that his employer, Flextronics, was helping Apple build. The memo might have said to clear out the warehouse for a new product. Two houses with a total of 5 beds, 5 baths, Refined Estate in the Hills Sells to Fayed Family Member, Rob Lowes Son John Owen Scores LA Home With Big Views, Mark Wahlbergs $55 Million Mansion Sold to Buyer of Heather Dubrows Newport Chateau, Britney Spears Takes Hefty Loss on Calabasas Mansion, Glitzy Hollywood Regency Lair Up for Grabs in Palm Springs' Most Over-the-Top Enclave, South Pasadena House Remodeled by RM Schindler Needs a Hero, Michael Milkens Son Asks $64 Million for Longtime Palisades Home, New York Hedge Funder Lands Classic Santa Monica Home. Big Ticket includes closed sales from the previous week ending Wednesday. Wendy Schmidt, Director Emeritus, OFFICE: 508.332.4822 commentary and analysis you can trust. Laffont founded Coatue Management in 1999. Sign up for notifications from Insider! The funds that have been implicated so far have been severely damaged by the scandal, For example: Here's what Coatue was holding as of Q4 2010 (dollar value x$1,000), according to the latest 13F: AMERICAN SUPERCONDUCTOR CORP: $35,686 (1,147,464 SH), AMERICAN TOWER CORP: $115,407 (2,251,404 SH), ARUBA NETWORKS INC: $37,144 (1,740,592 SH), ASSURED GUARANTY LTD: $18,694 (1,092,565 SH), CITRIX SYS INC: $267,199 (3,915,578 SH), CONCUR TECHNOLOGIES INC: $26,738 (540,821 SH), CROWN CASTLE INTL CORP: $167,996 (3,805,120 SH), F5 NETWORKS INC: $330,496 (3,183,660 SH), INTERNATIONAL RECTIFIER CORP: $46,117 (2,186,672 SH), J2 GLOBAL COMMUNICATIONS INC : $214 (9,000 SH), NETLOGIC MICROSYSTEMS INC: $51,985 (1,884,888 SH), NUTRI SYS INC NEW: $11,828 (614,747 SH), SBA COMMUNICATIONS CORP: $75,819 (1,881,359 SH), SEAGATE TECHNOLOGY PLC: $49,851 (4,233,616 SH), SKECHERS U S A INC: $25,682 (1,093,323 SH), SUCCESSFACTORS INC: $15,382 (612,584 SH), TD AMERITRADE HLDG CORP: $63,339 (3,921,890 SH), VEECO INSTRS INC DEL : $10,461 (300,000 SH), WESTERN DIGITAL CORP: $51,906 (1,828,305 SH). 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. Say an expert network was in contact with Apple's warehouse inventory manager. In recent years, Laffont attracted attention for making big bets on. Browse Locations. Price $11.7 million. (Verizon New England, Inc). By clicking Sign up, you agree to receive marketing emails from Insider 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. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. You can find the latest New York Today if the company chooses to hide the private information on their profile from the general public. snapped up after his death by Rupert Murdoch, His New Yorkbased, technology-oriented firm, named after a long barrier beach on Nantucket, Massachusetts where Laffont has summered for thirty years, finished 2013 up nearly 20 percent, thanks to high-flying media, technology and Internet stocks, like electric carmaker Tesla Motors, online business networking company LinkedIn and online and DVD movie rental company Netflix. Phone: According to a OneWire interview, Laffont developed his passion for technology at an early age. View the profiles of professionals named "Philippe Laffont" on LinkedIn. Coatue's founder, Philippe Laffont, is a '89 MIT grad (MS in Computer Science) who has summered on Nantucket for 30 years. 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. info@nantucketdreamland.org The fund is now preparing when and how to redeploy its staggering cash pile, according to the presentation. Buyer Philippe Laffont. All Rights Reserved. 15 Fulling Mill Rd, Nantucket. Strong performance from its short book, which was up 32%, helped mitigate the pain. Check if your The fund is down 17% this year better than rival tech hedge funds and its short book is up 32%. Back in 1999, Laffont and his billionaire brother Philippe founded Coatue Management, a $17 billion hedge fund known for its heavy investments in technology stocks the Laffonts have made names for themselves by making substantial bets on the likes of Uber, Lyft, and Snapchat. Coatue's long bets, including DoorDash, Netflix, and Peloton, have gotten smoked as well, losing 45%. 1. Resides in New York, NY. Already a subscriber? According to one source I spoke to, Coatue is likely managing between $70 billion and $90 billion today. Possible relatives for Philippe Laffont include . 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. The fund is down 17% this year better than rival tech hedge funds and its short book is up 32%. 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. OFFICE: 508.332.4822 info@nantucketdreamland.org MAILING: PO BOX 989 Nantucket, MA 02554. Some of Laffonts nearest new Malibu neighbors include Julia Roberts, Chris Martin, Kenny G, the Red Hot Chili Peppers Chad Smith, and Walmart billionaire Steuart Walton and his new wife Baywatch actress Kelly Rohrbach who live immediately next door in a cottage Walton bought for over $14 million last year. Location: Like Robertson, Philippe built his empire from relatively humble beginnings. Coatue Management now owns a 3.94% ownership stake in the . But because the information received is not available to the retail investor, it might be considered insider information by a court. If you're happy with cookies click proceed. 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. Related To Thomas Laffont, Dominique Laffont, Frederic Laffont. The conversations they have with experts provide them with information that is not readily available to the retail investor. Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking delivered daily to your inbox. morning and a round-up in Monday's print edition. The fund wasn't fast enough to recognize the abrupt shift in investor sentiment away from growth stocks that surged during the pandemic, according to the investor update. 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. The listing brokers were Ann Jeffery and Mary Rutherfurd of Brown Harris Stevens. In addition, all pages on Bizapedia will be Coatuemanages around $7 billon and recently opened an office in Menlo Park, California to be closer to some of itsSilicon Valley targets. 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