Aaron Weiner, a Managing Director at Coatue Management, the $40bn hedge fund founded by Philippe Laffont, will leave the firm at the end of the year to start his own hedge fund, according to a report by Bloomberg citing people with knowledge of the matter. 

Coatue has already notified its investors of Weiner’s pending departure.

Weiner is still based at the firm’s New York office, where he leads healthcare and tactical solutions and has worked on investments in companies including Reify Health, Infinitus Systems, Cadence Solutions, DNA Script and Entos.

Prior to joining Coatue in 2021, Weiner worked at Blackstone and The Goldman Sachs Group.