Tech-focused hedge fund Light Street Capital Management delivered a standout performance in 2025, posting an estimated 37% return and outperforming peers across the stock-picking hedge fund universe, according to a report by Bloomberg.
The firm, led by Glen Kacher, rebounded sharply following steep losses in 2021 and 2022 that saw the fund’s assets drop by 70%. 2025 marked the third consecutive year of double-digit gains for Light Street, which manages approximately $1.1bn.
Other equity-focused...
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