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From Alex Morrell and Bradley Saacks: Last spring, Coatue Management, a $25 billion hedge-fund giant, did something unusual: It made an appearance. In the 20 years since its founding, the secretive, tech-focused investment manager has had a stellar track record under the billionaire Philippe Laffont. But the tiger cub usually demurred when it came to discussing business publicly. In May 2019, though, two Coatue execs spoke for nearly 45 minutes to a crowd of data-science wonks at Domino Data Lab s Rev conference. What compelled Coatue to pull back the curtain? The firm had announced in an investor letter a few months earlier that it was raising several hundred million dollars to launch its first quant fund, an outgrowth of a data-science group that had been expanding under Izydorczyk. The firm boldly predicted that its team of 30 scientists and engineers would eventually reach 100. ....
Last spring, Advertisement In the 20 years since its founding, the secretive, tech-focused investment manager has had a stellar track record under the billionaire Philippe Laffont. But the tiger cub usually demurred when it came to discussing business publicly. In May 2019, though, two Coatue execs spoke for nearly 45 minutes to a crowd of data-science wonks at Domino Data Lab s Rev conference. What compelled Coatue to pull back the curtain? Advertisement The firm had announced in an investor letter a few months earlier that it was raising several hundred million dollars to launch its first quant fund, an outgrowth of a data-science group that had been expanding under Izydorczyk. The firm boldly predicted that its team of 30 scientists and engineers would eventually reach 100. ....
Kevin Winter/Getty Images; Axelle/Bauer-Griffin/FilmMagic; Al Bello/Getty Images; Shareif Ziyadat/Getty Images; Alberto E. Rodriguez/Getty Images; Jordan Strauss/Invision/AP; Bryan Bedder/Getty Images for UNICEF; Samantha Lee/Business Insider In November, Carl Lentz the head pastor of the millennial-friendly Hillsong Church in New York City made headlines when he was fired for engaging in an extramarital affair. His ouster was announced publicly by Hillsong s founder, Brian Houston, who noted leadership issues, breaches of trust, and moral failures as the main reasons for his termination in a statement posted on the church s website on November 4. Lentz firing made waves in the religious community, especially since the 42-year-old was the pastor for A-listers like Justin Bieber, Hailey Baldwin and Vanessa Hudgens, and he had even gained celebrity status himself with over 700,000 followers on Instagram. ....
» Justin Bieber s church Hillsong is accused of racism, anti-LGBTQ behavior, and exploiting volunteers after pastor Carl Lentz was fired for having an affair Justin Bieber s church Hillsong is accused of racism, anti-LGBTQ behavior, and exploiting volunteers after pastor Carl Lentz was fired for having an affair Melkorka LiceaDec 11, 2020, 00:52 IST Kevin Winter/Getty Images; Axelle/Bauer-Griffin/FilmMagic; Al Bello/Getty Images; Shareif Ziyadat/Getty Images; Alberto E. Rodriguez/Getty Images; Jordan Strauss/Invision/AP; Bryan Bedder/Getty Images for UNICEF; Samantha Lee/Business Insider In November, Carl Lentz - the head pastor of the millennial-friendly Hillsong Church in New York City - made headlines when he was fired for engaging in an extramarital affair. ....