Form D · Venture Capital Fund

Light Street Beacon I, L.P.

Palo Alto, CA · CIK 0001760990

Offering snapshot reported Jan 14, 2020 · SEC filing

Reported sold: $56.9M
Investors reported: 61
Minimum accepted: $0
First sale: Jan 15, 2019

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 61

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 14, 2020	Amendment	$56,900,000	No comparison	61	SEC filing
Jan 14, 2019	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: No
Business combination: No

Sales commissions: $255K (estimated)
Finders' fees: $0
Form D file number: 021-330479

Placement agents are compensated based on the amount of capital commitments sourced by such placement agents.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
Artist Capital LLC	153937
Park Hill Group, LLC	135898
Anton Katz	1221289	Saxony Securities, Inc. · CRD 115547

Source: Form D, filed Jan 14, 2020. Minimum accepted may differ from a standard advertised minimum.

Fund connections

Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.

Matched by reported Form D file number

LIGHT STREET BEACON I, L.P.

Investment adviser: LIGHT STREET CAPITAL MANAGEMENT, LLC

Gross asset value: $32.3M
Beneficial owners: 64
ADV minimum commitment: $500K

Reported in Form ADV on Mar 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STANDISH MANAGEMENT, LLC WALNUT CREEK, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor KPMG LLP NEW YORK, New York, United States Other funds reporting this name →

Custodian BANC OF CALIFORNIA MENLO PARK, California, United States Related to adviser: No Other funds reporting this name →

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED SAN FRANCISCO, California, United States Related to adviser: No Other funds reporting this name →

Marketer PARK HILL GROUP LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

Marketer SAXONY SECURITIES, INC. NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

KPMG LLP
PCAOB 185

BANC OF CALIFORNIA
LEI 529900T8BM49AURSDO55

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

PARK HILL GROUP LLC
CRD 135898 · SEC 8-66958

SAXONY SECURITIES, INC.
CRD 115547 · SEC 8-53490

Fund asset history · 5 annual observations

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Fiscal year	Gross assets	Beneficial owners	ADV filed
2021	$101,809,719	62	Mar 30, 2022
2022	$57,323,856	63	Mar 31, 2023
2023	$42,662,963	63	Mar 27, 2024
2024	$35,429,554	64	Mar 27, 2025
2025	$32,265,948	64	Mar 27, 2026

Filing source

Form ADV 2073961 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-1697870417

Reported by LIGHT STREET CAPITAL MANAGEMENT, LLC (CRD 155215).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Glen Kacher	Executive
Jay Kahn	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

525 University Ave, Suite 300
Palo Alto, CA, 94301