Light Street Posts 2018 Profit Despite Rough Fourth Quarter

The Tiger cub made money on both its long and short bets last year.

Steve Taub January 22, 2019

Glen Kacher, founder and president of Light Street Capital Management

(Victor J. Blue/Bloomberg)

Tiger cub Light Street Capital posted a profit last year despite suffering a sharp loss in the fourth quarter as stocks dropped.The hedge fund firm founded by Glen Kacher — a former analyst at Julian Robertson Jr.’s Tiger Management — lost 14.5 percent during the

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