Light Street Posts Huge First-Quarter Gains

The rebound comes at an opportune time for the Tiger Grandcub, which lost more than 70 percent of its AUM last year.

Glen Kacher (Victor J. Blue/Bloomberg)<br/>

Glen Kacher

(Victor J. Blue/Bloomberg)

In 2022, Light Street Capital saw its net assets shrink by 71 percent to just $605 million at year-end, according to its recent annual ADV filing. That decrease exceeds the declines posted by the Tiger Grandcub’s two main funds last year, suggesting that it also suffered sizable redemptions.

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