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New Light Street Capital VC fund targets $250M


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New Light Street Capital VC fund targets $250M

Light Street Capital Management LLC aims to raise $250.0 million for venture capital fund Light Street Beacon I LP, PE Hub Network reported. It also filed to raise $20 million for principals fund Light Street Beacon Principals I LP.

No funds have yet been raised, according to Forms D filed with the SEC.

Hedge fund Light Street Capital invests in the global public equity markets, particularly in the technology, media and telecommunications sectors, according to S&P Global Market Intelligence data.