Coatue Interval Fund

privateBullish

Semi-liquid private fund managed by Coatue offering exposure to private and public technology investments.coatue.com ↗

1 take · first discussed May 9, 2025

Net conviction

Bullish

Who's weighed in

Takes

First discussed

May 9, 2025

Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.

Where they stand now

GGuests

Bullish

Philippe Lafont is bullish on his own hybrid public-private interval fund structure as a superior vehicle — lower fees (1.25%/12%), near-permanent capital, flexibility to hold cash, and access to both public and private companies — positioning it as a democratized 'Berkshire-like' vehicle for retail-accessible tech investing.

E227 · May 9, 20251 take ↓

The discussion

Philippe Lafont, appearing as a guest, is the sole host with a stated view on the Coatue Interval Fund, and he is highly bullish on its structure. His core thesis is that the hybrid public-private interval fund model is superior to traditional venture or hedge fund structures because it combines lower fees (1.25% management / 12.5% incentive), near-permanent capital, and the flexibility to allocate across public equities, private companies, and cash. Lafont frames it as a democratized, "Berkshire-like" compounding vehicle that gives retail investors access to tech investing opportunities previously reserved for institutions. No other hosts provided views to compare or contrast against his position.

How they got there

GGuests1 take since May 9, 2025

BullishE227May 9, 2025📌 position call⚑

If I can compound capital at 12.5% incentive fee for a very long time, it's better than 20% for a short period of time... What if we have a system where we can be in public stocks, we can be in private companies, but we also can be in lots”1:22:11

iAbout these quotes

Quotes are machine-transcribed from the episode audio — use the Listen links to verify any take against the source, or the ⚑ link to report a problem. Takes marked unverified, low-conviction, or commentary-only never move stances, the index, or the funds.