Coatue is returning all outside capital in its $350 million quant fund after computer-driven trades broke down in extreme market volatility

· Billionaire Philippe Laffont's Coatue Management is returning outside capital in the firm's quant fund to investors, sources tell Business Insider.
· The fund, started roughly a year ago, ran around $350 million, but pulled back its exposure from the markets significantly in March and April.
· A source close to the firm...