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Ex-Coatue stock picker raises $2.5bn for NX1 Capital debut

hedgeweek

5 months ago

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Daniel Senft, former senior stock-picker at Coatue Management, has raised $2.5bn for the launch if his new firm NX1 Capital, marking one of the largest hedge fund debuts in recent years, according to a report by Bloomberg.
The equities-focused long-short fund began trading this month, targeting technology companies poised to lead in AI, robotics, and autonomous driving.
NX1, which raised capital from foundations, endowments, and tech entrepreneurs, is operating independently, with no revenue-sha...

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