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Coatue Plans Expansion into Europe With New Office and Partner

  • Firm is prolific tech investor, already backs local startups
  • European tech companies have seen a rush of funding this year

Philippe Laffont’s investment firm Coatue Management is looking to expand in Europe with an office and staff, bringing a potential burst of funding to the region’s tech sector. 

Coatue is planning to add a European office soon, the New York-based firm said in a statement. It is also exploring hiring a partner in Europe, according to people familiar with the matter, who asked for anonymity because the discussions are private.