Light Street Capital Management: Platform Profile

Overview

Light Street Capital Management is a Palo Alto investment manager focused on disruptive technology businesses globally. Its platform includes public-market hedge-fund investing and private investments through closed-end and open-ended vehicles.

May fit better for

• investors seeking technology-focused active management;
• allocators comfortable with growth and innovation exposure;
• qualified investors evaluating public/private technology strategies;
• investors willing to accept concentrated sector risk.

May fit less well for

• investors seeking sector-neutral diversification;
• retail users seeking public self-service hedge-fund access;
• users who treat 13F as the full portfolio;
• investors expecting one vehicle minimum across the platform.

Current regulatory AUM is $1.571B

• Regulatory AUM: $1.571B
• Regulatory AUM as of: 2026-03-27
• Client accounts: 24
• Pooled vehicle client share: 100%

Q2 2026 13F value is $902.839M

• Q2 2026 13F value: $902.839M
• Q2 2026 13F as of: 2026-06-30
• Form 13F market value equals regulatory AUM: No
• Form 13F equals complete portfolio: No

Technology is the explicit first-party focus

• Technology focus: Yes
• Global: Yes
• Public market investing: Yes
• Private investing: Yes

Light Street's website says selected private investments include all private investments made by its closed-end funds but exclude certain private investments made solely by open-ended funds.

• Website selected private investments equal complete private portfolio: No

Universal terms remain undisclosed

Historical fund databases contain materially different minimum references. Those records are not a reliable basis for one current firmwide minimum.

Assessment

Light Street's public site provides a clear technology/private-investment identity but not a universal product sheet. Anchor scale to $1.571B of regulatory AUM and preserve the $902.839M Q2 13F as a separate filing measure.