Jay Kahn’s Flight Deck Capital had its first breakout year since its 2021 founding. Last year, the Tiger Grandcub and onetime Institutional Investor Hedge Fund Rising Star saw a 51.6 percent jump in the liquid portfolio of his long-short TMT hedge fund. This followed a midteens gain in 2024 and a 20 percent return in 2023.Last year, the long book kicked in 69 percentage points to gross gains and shorts detracted by just 12.5 percent. Flight Deck now manages close to $300 million, one-third of wh...
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