Form D · Venture Capital Fund

Light Street Beacon II, L.P.

Palo Alto, CA · CIK 0001850944

Offering snapshot reported Jun 15, 2022 · SEC filing

Reported sold
$158M
Offering amount: $176M
Investors reported
139
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Apr 7, 2021
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jun 15, 2022Amendment$158,200,000No comparison139SEC filing
Apr 6, 2021InitialYet to sellNo comparisonNot reportedSEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-394849

Source: Form D, filed Jun 15, 2022. 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 II, L.P.

Investment adviser: LIGHT STREET CAPITAL MANAGEMENT, LLC

Gross asset value
$210M
Beneficial owners
147
ADV minimum commitment
$250K

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 CONSTELLAR CAPITAL PARTNERS HONG KONG LIMITED HONG KONG, Hong Kong Related to adviser: No Other funds reporting this name →
Marketer FRONTIER SECURITIES RICHMOND, Virginia, United States Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

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

FRONTIER SECURITIES
CRD 136102 · SEC 8-66972

Fund asset history · 5 annual observations Gross asset value by annual ADV filing$0$105M$210MFY 2021: $156,903,763.00FY 2021FY 2022: $148,738,358.00FY 2022FY 2023: $156,782,187.00FY 2023FY 2024: $194,954,323.00FY 2024FY 2025: $209,947,867.00FY 2025

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Fiscal yearGross assetsBeneficial ownersADV filed
2021$156,903,763128Mar 30, 2022
2022$148,738,358145Mar 31, 2023
2023$156,782,187145Mar 27, 2024
2024$194,954,323147Mar 27, 2025
2025$209,947,867147Mar 27, 2026
Filing source

Form ADV 2073961 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-5662824682

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
NameReported role
Glen Kacher Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
505 Hamilton Avenue, Suite 110
Palo Alto, CA, 94301