Coatue Management Successfully Closes $3b Structured Equity Fund

Coatue Management, a prominent private equity firm, has successfully concluded a $3 billion capital raise for its innovative structured equity fund. This fund provides closely held companies with a strategic alternative to securing capital without compromising valuations. Commencing discussions with potential investors in 2022, Coatue Management's tactical solutions fund has already demonstrated its prowess by leading significant investments. Notable transactions include a $150 million structured capital injection into TripActions (now Navan), a leading travel and expense-management platform, and a $200 million structured equity investment in Komodo Health. This achievement underscores Coatue Management's commitment to fostering strategic growth opportunities for closely held enterprises.