Peter Zhou Launching a Hedge Fund of His Own

November 10, 2020 James Heinsman Hedge Fund News

After ten years at Coatue and three years at Blackstone before that, rising investment star Peter Zhou is planning to open his own, tech-based, hedge fund.

Zhou left Philippe Laffont’s Coatue early in 2020, where he was a senior managing director. He is rumored to already have gathered $300 million to start his fund. No name has yet been mentioned for the fund.

He is a fundamental investor who made the Forbes’ 30-under-30 list in 2015 when he was 28 years old. At that time Forbes called him a specialist in hardware technology stocks.

In 2020 he brands himself on his LinkedIn page as a “generalist tech investor.” He went to Harvard, was born in Shanghai, and grew up in Minneapolis, Minnesota.

Launching new funds is a tricky business during the coronavirus pandemic. Social distancing is a hindrance to meeting potential backers. According to Hedge Fund Research twice as many funds closed during the first half of 2020 than new funds have opened, with 213 launches and 483 closings.

Zhou’s new fund will be adding a branch Coatue’s to the Tiger Management family tree.

Coatue, Peter Zhou, Philippe Laffont,

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