Coatue Management general partner Matt Mazzeo has left the firm to start a new investment fund focused on early-stage startups, The Information reported on Monday.
Two people with knowledge confirmed details of Mazzeo's departure, the tech news outlet reported.
Coatue is a New York City-based investment manager focused largely on tech companies, and it has made some high-profile bets on crypto in recent months. Coatue led non-fungible token (NFT) marketplace OpenSea's $300 million Series C funding round earlier this year and then participated in Dapper Labs' $725 million ecosystem fund launched in May. The hedge fund also recently helped back new crypto market maker Portofino Technologies, which former Citadel Securities executives founded.
Mazzeo has served as a general partner at Coatue since January 2018, according to his LinkedIn profile. Before that, Mazzeo held the role of managing director at Chris Sacca's Lowercase Capital, a venture capital firm that invested in now-ubiquitous tech giants like Instagram, Twitter and Uber.
Mazzeo's AngelList page lists investments in a range of startups including OpenSea, Medium and Airtable, and exits in companies including Hinge, Slack and Gimlet Media.
Coatue lost 17% through the month of August as tech-focused hedge funds more broadly weather a tough market, Reuters reported on Sept. 15.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。