Ex‑Coatue trader launches ‘Eve’
An ex‑Coatue trader has launched a new fund driven by an AI brain called ‘Eve,’ positioning automated decisioning and execution at the center of its strategy. The launch underscores continued appetite for ML-first hedge funds despite scaling and governance hurdles. (x.com)
Epicenter Capital is the San Francisco vehicle tied to the project, founded by Rahul Kishore after an eight‑year run at Coatue, according to reporting by Bloomberg and Advisor Perspectives. (bloomberg.com) (bloomberg.com (bloomberg.com), advisorperspectives.com (advisorperspectives.com)) Philippe and Thomas Laffont are named as backers alongside Coatue public‑investments chief Jaimin Rangwalla and former Coatue trader Daniel Senft, per people familiar with the fund’s launch. (advisorperspectives.com) (advisorperspectives.com (advisorperspectives.com), bloomberg.com (bloomberg.com)) Epicenter is described as a three‑person, long‑only operation that has set a target to back roughly 10 companies that deliver tenfold returns over a 10‑year horizon. (advisorperspectives.com) (advisorperspectives.com (advisorperspectives.com)) The automated research engine is reported to parse disclosures for more than 13,000 companies, monitor earnings calls, social media and podcasts, and to generate daily audio briefings for the investment team. (advisorperspectives.com) (advisorperspectives.com (advisorperspectives.com)) Bloomberg reports the system orchestrates dozens of agent‑bots, writes code to deploy tasks, and is embedded into emails and trade workflows so it can operate without human prompts. (bloomberg.com) (bloomberg.com (bloomberg.com)) One of the named backers, Daniel Senft, earlier raised $2.5 billion for his own debut equity fund in January, highlighting the fundraising muscle among former Coatue alumni connected to the new vehicle. (bloomberg.com) (bloomberg.com (bloomberg.com))
