Coatue Management general partners Luca Schmid and Sebastian Duesterhoeft, who helped lead its private tech investments, have left the New York-based firm, according to a person familiar with the matter. The partners are the latest senior exits from crossover funds, the firms with Wall Street roots that made big bets on startups during the past years’ funding boom.

Duesterhoeft, who led investments in prominent companies including cybersecurity company Snyk, is joining Menlo Park, Calif.-based venture capital firm Lightspeed Venture Partners as a partner. Schmid plans to work with Guillaume Pousaz, founder and CEO of online payments processor to start a so-called family office to make fintech startup investments, the person said.

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