Coatue Management, L.L.C.
Coatue is a lifecycle investment platform focused on turning big ideas into world-shaping technology companies.
- Regulatory AUM
- $93B
- PE fund assets
- $48B
- PE funds
- 120
- Investments held
- 55 of 62
- Deals, last 12 months
- 0
18 additional team members, 2 additional counterparties and placement agents, 213 additional funds, deals and LP commitments
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +7funds on Form ADV
Private equity funds on its Form ADV went from 113 to 120 (+7).
New vehicles are a new flagship's feeders, parallels and co-invest sleeves being stood up: capacity arriving before the capital is announced.
People to know
View all people- Senior Managing DirectorWhy: Managing directorNo route on file yet
- PresidentWhy: Runs the firm (chief executive or president)No route on file yet
- Managing MemberWhy: Named with investment responsibilityNo route on file yet
Capital path
who backs this record, through what, into what; each name opens its own path- Coatue Opportunity Fund II LPvintage 2024
- Coatue Structured Co-Investment Offshore Fund a LPvintage 2023
- J.P. Morgan Securities LLCplacement agent, 18 shared
- Park Hill Group LLCplacement agent, 6 shared
- Credit Suisse Securities (USA) LLCplacement agent, 2 shared
Relationship network
232 connected entities1 observed deal
From announced deals and their parties, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the private equity graph. Dollar figures appear only where a source disclosed one.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the deals and sources behind it. Line weight is deals together; dashed lines are inferred.
- Company
- Service provider
- Fund or vehicle
- Person
Strength is read from the deals: three or more is a strong observed relationship, two a repeat counterparty, one a single interaction. People and vehicles are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Classification, Form ADV and stated criteria
How this organization is classified, and on what basisBuyout firm · 2 in historyShowHide
- Class
- Buyout firmconfirmed, confidence 85%
- Basis
- 149 of 184 distinct vehicles are sworn Private Equity Funds; 140 reported gross assets on a filing in 2022 or later
- Size band
- Large capdefined by: proxy: $48.00bn Private Equity Fund GAV on the Form ADV filed 2026-07-29
- Strategies
- Growth equity
Classification history (2)
- Sep 23, 2026Buyout firm (confirmed, 85%)149 of 184 distinct vehicles are sworn Private Equity Funds; 140 reported gross assets on a filing in 2022 or later
- Sep 13, 2026Buyout firm (confirmed, 85%)129 of 161 distinct vehicles are sworn Private Equity Funds; 122 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)RAUM $93B · 120 PE funds · filed Jul 29, 2026ShowHide
- Adviser type
- Registered investment adviser
- Form ADV filings
- Feb 14, 2012 to Jul 29, 2026
- RAUM
- $93Bregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 120
- PE fund GAV, latest filing
- $48Breported gross assets (Form ADV), not fund size
- All private fund GAV
- $129Bevery private fund type, latest filing
- 2024 PE fund GAV
- $48Bsum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 81%
- Fund type mix
- Hedge fund: 23 funds, $77B reported gross assets, 31 ever reported
- Private equity fund: 120 funds, $48B reported gross assets, 149 ever reported
- Venture capital fund: 3 funds, $3.5B reported gross assets
- Other private fund: 1 ever reported
- Employees
- 174
- Headquarters
- New York, NY
Stated criteria beside observed behaviourno criteria stated · 60 observed dealsShowHide
- Sectors
- not stated or not yet read
- Geography
- not stated or not yet read
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- not stated or not yet read
- Thesis
- not stated or not yet read
- On record
- 60 companies, 62 holdings, 1 transaction
- Period
- 2024 to 2026 (5 dated observations, 58 holdings undated)
- Most deals
- Software (5 of 60, e.g. Anthropic and Alchemy), energy (2 of 60), life sciences (1 of 60) and 2 more
- Subsectors
- Software (4 of 60), energy (2 of 60), life sciences (1 of 60), vertical software (1 of 60) and 2 more
- Deal roles
- 1 platform, 1 add-on, 3 minority stakes, 57 with role not stated
- Control
- 1 control, 3 minority, 58 not stated
- Where
- Mi (1 of 60)
- By year
- 2024: 1 add-on
60 companies on the graph (1 transaction); most in software (5); 1 platform and 1 add-on; observed 2024 to 2026
Coatue Opportunity Fund II · 2 vehicles · vintage 2024$5.2B
- Coatue Opportunity Fund II buyout or unlabelled · 2024$3.7B
- Coatue Opportunity Offshore Fund II Feeder or parallel · 2024$1.5B
Co-investment vehicles · 1 vehicle · vintage 2023$963M
- Coatue Structured Co-Investment Offshore Fund a Co-investment vehicle · 2023$963M
- Daniel Senft · Senior Managing DirectorWhy this person: Managing director; Named with investment responsibility
- Nathan Kyle Urquhart · PresidentWhy this person: Runs the firm (chief executive or president); Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
- President · since Nov 1, 2022
- Managing Member · since Jan 1, 2017
- Senior Managing Director · since Jun 1, 2012
| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| Sep 30, 2026 venture round | Miter, the AI Platform for Construction | Portfolio relationship | Minority | active held under a month | unknown | Fact DFX cross-reference |
| Mar 25, 2026 venture round | Harvey | Portfolio relationship | Minority | active held 6 months | unknown | Fact DFX cross-reference |
| Sep 23, 2025 venture round | Distyl AI | Portfolio relationship | Minority | active held 1.0 years | unknown | Fact DFX cross-reference |
- Principal held
- $1.7B
- 23 lenders
- Weighted mark
- 98.8
- unchanged on the quarter, same 1
- Non-accrual now
- 0
- 0 placed at Jun 30, 2026
- Marked down
- 0
- 2 pts or more on the quarter
- Maturing in 12 months
- 0
- none stated
- 1 portfolio company on a BDC schedule at Jun 30, 2026: 0 with ownership stated current, 1 listed on a portfolio page with no date or status.
- Lenders mark them at 98.8 on cost, weighted by principal (1 borrower with a mark inside the plausible band).
- On the 1 borrower marked at both Mar 31, 2026 and Jun 30, 2026, the weighted mark moved 0 points; 0 fell 2 points or more and 0 rose 2 points or more.
Show the credit outlook: 1 borrowers, 23 lenders, 8 quartersas of Jun 30, 2026
1 borrower is in every figure above and named with Private Credit Intelligence.
23 lenders are counted here and named with Private Credit Intelligence.
| Quarter end | Held | Principal | Mark | Non-accrual placed | PIK added or up |
|---|---|---|---|---|---|
| Sep 30, 2024 | 1 | $1.8B | 100.8 | 0 | 0 |
| Dec 31, 2024 | 1 | $3.1B | 100.7 | 0 | 0 |
| Mar 31, 2025 | 1 | $1.8B | 100.7 | 0 | 0 |
| Jun 30, 2025 | 1 | $1.8B | 100.4 | 0 | 0 |
| Sep 30, 2025 | 1 | $2.0B | 100.4 | 0 | 0 |
| Dec 31, 2025 | 1 | $2.1B | 100.3 | 0 | 0 |
| Mar 31, 2026 | 1 | $1.9B | 98.9 | 0 | 0 |
| Jun 30, 2026 | 1 | $1.7B | 98.8 | 0 | 0 |
A look back at today’s portfolio companies, not a record of what the sponsor owned then. Mark is fair value over cost across every position inside the plausible band.
- A mark is the lender's own fair value over cost for the quarter. Below 90 means the lender carries the loan at a discount of 10 or more on the dollar; it is that lender's valuation, not DFX's.
- Two lenders on the same facility 10 points apart are valuing the same loan differently; which one is right is not something a schedule of investments says.
- Non-accrual is read from the BDC's own footnote, never inferred from a mark. PIK is interest the borrower pays in more debt rather than cash.
- No forecast is made here. DFX does not publish a default or distress prediction for a sponsor.
Population: portfolio companies matched to a BDC borrower by an identity-graded bridge, on a BDC schedule of investments at Jun 30, 2026, ownership not recorded as exited. Firms whose own BDC lends to the company, and private credit managers, are left out: that is lending, not ownership. Marks, principal and accrual status are the BDCs' own filed figures; the quarter before is Mar 31, 2026.
- J.P. Morgan Securities LLC 18 shared · very strong · last Apr 10, 2024
- Park Hill Group LLC 6 shared · very strong · last Jan 1, 2018
- Credit Suisse Securities (USA) LLC 2 shared · recurring · last Jan 1, 2016
| Agent | Funds | Years | Strategies | Latest generation |
|---|---|---|---|---|
| J.P. Morgan Securities LLC | 18 | vintages 2013 to 2024 | Growth | on it |
| BCI Asset Management Administradora General de Fondos S.A. | 1 | vintage 2023 | Growth | on it |
| Park Hill Group LLC | 6 | vintages 2013 to 2017 | not stated | not on the vintage 2024 generation |
From Form ADV Schedule D, which names the placement agents on each private fund an adviser reports, year by year.
- Jul 29, 2026Coatue Management, L.L.C.: Private Equity Funds on Form ADV 113 (2024 extract) -> 120 (roster 2026-09-01)
- Feb 14, 2012Coatue Management, L.L.C. first filed Form ADV in the extract (IA)
- seen Sep 28, 2026Our Continued Partnership with Anthropic Thomas Laffont, Lucas Swisher, Jade Lai, Abhi Srinivas, Pranav Anand
- seen Sep 28, 202607.20.2026 Our Partnership with Databricks Thomas Laffont, Lucas Swisher, Jade Lai, Abhi Srinivas, Philena Sun
Coatue Management, L.L.C. is the same institution as 5 records in Allocators, Independent Sponsors, RIA and Wealth, Venture Capital and Family Offices.
DFX found 5 relationships across 5 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Coatue Management, L.L.C. sits on 47 traced paths of capital across the graphs.
DFX traced 47 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
- PE fund count changed2026-07-29source on record
- Adviser first ADV filing2012-02-14source on record
- Firm newsseen 2026-09-28source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.