Light Street Mercury Master Fund, L.P.
Hedge FundFund ID 805-1493120656Cayman Islands
Gross assets
$847.4M
Min. investment
$100K
Beneficial owners
3
Size rank
Top 9%
Audited
Yes
Structure
Master
About this fund
Light Street Mercury Master Fund, L.P. is a hedge fund managed by Light Street Capital Management, LLC. The fund reports $847.4 million in gross assets, placing it among the top 9% of private funds by size. The stated minimum investment is $100,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-1493120656 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Light Street Argon, L.P. | Hedge | $298M |
| Light Street Xenon, Ltd. | Hedge | $234.3M |
| Light Street Beacon II, L.P. | Private Equity | $209.9M |
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Join to unlock · $37/moFrequently asked questions
How large is Light Street Mercury Master Fund, L.P.?
Light Street Mercury Master Fund, L.P. reports $847.4 million in gross assets, among the top 9% of private funds by size.
What is the minimum investment for Light Street Mercury Master Fund, L.P.?
The stated minimum investment is $100,000.
Who manages Light Street Mercury Master Fund, L.P.?
Light Street Mercury Master Fund, L.P. is managed by Light Street Capital Management, LLC.
Does Light Street Mercury Master Fund, L.P. disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
L
Palo Alto, CA
Service providers
Reported gross assets
$847.4M▲ 25%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 9%
Larger than 91% of 67,041 private funds
Gross assets vs Hedge FundsTop 18%
Larger than 82% of 12,442 hedge funds
Minimum investmentTop 71%
Higher than 29% of funds reporting a minimum
Investor base
Adviser & related persons1%
Funds of funds%
Non-U.S. persons43%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.