Form D · Hedge Fund

Light Street Xenon, Ltd.

George Town, E9 · CIK 0001550746

Offering snapshot reported Nov 13, 2025 · SEC filing

Reported sold
$319M
Indefinite offering
Investors reported
178
Form D · investor count
Minimum accepted
$250K
Reported outside-investor minimum
First sale
May 1, 2012
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$322M$645MJun 1, 2012: $6,500,000.00Jun 1, 2012May 31, 2013: $78,000,000.00Jan 17, 2014: $175,095,000.00Dec 24, 2014: $324,995,000.00Dec 24, 2015: $393,645,000.00Dec 22, 2016: $520,885,000.00Dec 21, 2017: $644,552,419.00Dec 20, 2018: $96,616,419.00Nov 19, 2019: $236,420,419.00Nov 19, 2020: $288,204,700.00Nov 18, 2021: $314,304,700.00Nov 17, 2022: $318,954,700.00Nov 15, 2023: $318,954,700.00Nov 14, 2024: $318,954,700.00Nov 13, 2025: $318,954,700.00Nov 13, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

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
Nov 13, 2025Amendment$318,954,700$0vs Nov 14, 2024178SEC filing
Nov 14, 2024Amendment$318,954,700$0vs Nov 15, 2023178SEC filing
Nov 15, 2023Amendment$318,954,700$0vs Nov 17, 2022177SEC filing
Nov 17, 2022Amendment$318,954,700$4,650,000vs Nov 18, 2021177SEC filing
Nov 18, 2021Amendment$314,304,700$26,100,000vs Nov 19, 2020172SEC filing
Nov 19, 2020Amendment$288,204,700$51,784,281vs Nov 19, 2019148SEC filing
Nov 19, 2019Amendment$236,420,419$139,804,000vs Dec 20, 2018126SEC filing
Dec 20, 2018Amendment$96,616,419-$547,936,000vs Dec 21, 201787SEC filing
Dec 21, 2017Amendment$644,552,419$123,667,419vs Dec 22, 201667SEC filing
Dec 22, 2016Amendment$520,885,000$127,240,000vs Dec 24, 201553SEC filing
Dec 24, 2015Amendment$393,645,000$68,650,000vs Dec 24, 201447SEC filing
Dec 24, 2014Amendment$324,995,000$149,900,000vs Jan 17, 201445SEC filing
Jan 17, 2014Amendment$175,095,000$97,095,000vs May 31, 201325SEC filing
May 31, 2013Amendment$78,000,000$71,500,000vs Jun 1, 201214SEC filing
Jun 1, 2012Initial$6,500,000No comparison2SEC filing

Offering details

Securities
Equity, Pooled investment fund, Other
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-179128
Redeemable Shares

Source: Form D, filed Nov 13, 2025. 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 XENON, LTD.

Investment adviser: LIGHT STREET CAPITAL MANAGEMENT, LLC

Gross asset value
$234M
Beneficial owners
62
ADV minimum commitment
$10M

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 MORGAN STANLEY FUND SERVICES (CAYMAN) LTD. C/O MORGAN STANLEY FUND SERVICES (IRELAND) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →
Auditor KPMG GEORGE TOWN, Cayman Islands Other funds reporting this name →
Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No Other funds reporting this name →
Marketer J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →
Marketer UBS FINANCIAL SERVICES INC. WEEHAWKEN, New Jersey, 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
PCAOB 1323

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 6PTKHDJ8HDUF78PFWH30

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 801-3702

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 801-7163

Fund asset history · 5 annual observations Gross asset value by annual ADV filing$0$298M$596MFY 2021: $596,487,508.00FY 2021FY 2022: $110,356,057.00FY 2022FY 2023: $103,762,820.00FY 2023FY 2024: $175,771,225.00FY 2024FY 2025: $234,286,309.00FY 2025

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Fiscal yearGross assetsBeneficial ownersADV filed
2021$596,487,508306Mar 30, 2022
2022$110,356,057144Mar 31, 2023
2023$103,762,820102Mar 27, 2024
2024$175,771,22589Mar 27, 2025
2025$234,286,30962Mar 27, 2026
Filing source

Form ADV 2073961 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-3673680996

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 T. Kacher Director, Executive
Stephen D. Lane Executive
N/A Light Street Capital Management, Llc Promoter
James David Lindberg Executive
David Lindberg Executive
George Lynch Executive
Michael J. Mc Donald Director
Theo J. Robins Executive
Robert M. Wenzell Executive
Timothy D. Woolaver Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Walkers Corporate Limited 190 Elgin Avenue
George Town, E9, KY1-9001