AUMdb

Light Street Capital Management, Llc

SEC-registered Private Fund Manager · Mid-sized ($1B–$10B) CRD 155215 · SEC file 801-77663 · Palo Alto, CA · WWW.LIGHTSTREET.COM
☆ Save with Pro ADV data as of Mar 27, 2026
Regulatory AUM
$1.6B
Discretionary
$1.6B
Clients
24
Avg AUM / client
$65.5M
Accounts
24
Employees
14

AUM over time

$253M $4.4B
Feb 14, 2013 Mar 27, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 24 $1.6B 100.0%

Private funds (19)

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Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $1.2B combined gross assets

FundTypeDomicileGross assetsOwners
Light Street Mercury Master Fund, L.P. master Hedge Fund Cayman Islands $414M 3
Light Street Argon, L.P. feeder Hedge Fund Delaware $177M 256
Light Street Beacon Ii, L.P. Private Equity Fund Delaware $157M 145
Light Street Xenon, Ltd. feeder Hedge Fund Cayman Islands $104M 102
Light Street Tungsten Master Fund, L.P. master Hedge Fund Cayman Islands $83.5M 3
Light Street Spv5, L.P. master Private Equity Fund Delaware $42.7M 46
Light Street Beacon I, L.P. Private Equity Fund Delaware $42.7M 63
Light Street Tungsten Onshore Fund, L.P. feeder Hedge Fund Delaware $40.4M 25
Light Street Spv6, L.P. master Private Equity Fund Delaware $40.2M 81
Light Street Spvh, L.P. Private Equity Fund Delaware $18.0M 33
Light Street Tungsten Offshore Fund, Ltd. feeder Hedge Fund Cayman Islands $16.4M 2
Light Street Spv5 (Offshore), L.P. feeder Private Equity Fund Cayman Islands $14.7M 5
Light Street Beacon Principals I, L.P. Private Equity Fund Delaware $7.9M 19
Light Street Spv4, L.P. Private Equity Fund Delaware $7.3M 22
Light Street Beacon Co Invest 3, L.P. Private Equity Fund Delaware $5.5M 16

People (5)

NameRole / titleCredentialsWith firm sinceOwnership
Kacher, Glen, Thomas Chief Investment Officer / Founder May 2010 (16y) Less than 5%
Kacher, Amy, Wardwell Trustee Of Kacher Revocable Trust Aug 2010 (16y) GP / trustee / elected manager of Kacher Revocable Trust (indirect)
Robins, Theo, Jeremy Chief Compliance Officer / General Counsel Dec 2016 (10y) Less than 5%
Wenzell, Robert, Michael Chief Financial Officer Jan 2021 (6y) Less than 5%
Lynch, George, William Chief Operating Officer Nov 2022 (4y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Kacher Revocable Trust Member Aug 2010 A 75% or more

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (19, $1.2B gross assets)

FundTypeGross assetsMin. investmentOwners
Light Street Mercury Master Fund, L.P. Hedge Fund $414M $100K 3
Light Street Argon, L.P. Hedge Fund $177M $10.0M 256
Light Street Beacon Ii, L.P. Private Equity Fund $157M $250K 145
Light Street Xenon, Ltd. Hedge Fund $104M $10.0M 102
Light Street Tungsten Master Fund, L.P. Hedge Fund $83.5M $100K 3
Light Street Spv5, L.P. Private Equity Fund $42.7M $100K 46
Light Street Beacon I, L.P. Private Equity Fund $42.7M $500K 63
Light Street Tungsten Onshore Fund, L.P. Hedge Fund $40.4M $5.0M 25
Light Street Spv6, L.P. Private Equity Fund $40.2M $100K 81
Light Street Spvh, L.P. Private Equity Fund $18.0M $250K 33
Light Street Tungsten Offshore Fund, Ltd. Hedge Fund $16.4M $5.0M 2
Light Street Spv5 (Offshore), L.P. Private Equity Fund $14.7M $100K 5
Light Street Beacon Principals I, L.P. Private Equity Fund $7.9M $500K 19
Light Street Spv4, L.P. Private Equity Fund $7.3M $100K 22
Light Street Beacon Co Invest 3, L.P. Private Equity Fund $5.5M $100K 16
Light Street Spv6 (Offshore), L.P. Private Equity Fund $4.5M $100K 2
Light Street Beacon Co Invest 5, L.P. Private Equity Fund $2.9M $100K 26
Light Street Photon, L.P. Hedge Fund $0 $2.0M 0
Light Street Photon, Ltd. Hedge Fund $0 $2.0M 0

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/27/2026 5.7 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management
  • Performance-based fees

Services

  • Portfolio management for pooled investment vehicles

Custody

Firm reports having custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.

View current Form ADV (SEC/IAPD) ↗