Light Street’s New Strategy Is Taking Hold

After revamping its approach and launching a new long-only fund, the Tiger Cub is seeing early gains, even as shorts weigh on performance.

Stephen Taub June 3, 2026

Light Street posted strong gains in May as its tech-focused positioning continued to benefit from market trends.The tech-oriented hedge fund firm headed by Tiger Cub Glen Kacher posted a 10 percent gain in its long-short fund and is up 22.5 percent for the year. Its

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