Overview
Brightlight Capital Management LP (hereinafter “Brightlight”, “we”, “us”, “our” or the “Firm”)
is organized as a Delaware limited partnership with a principal place of business in Westport,
CT. We have been in business since 2011.
We are an affiliate of the following entities: Brightlight Capital Management (GP) LLC which is
the general partner of the Firm (the “General Partner”); and Brightlight Capital GP LLC which
is the general partner of the Master Fund as defined below (the “Fund General Partner”). The
Fund General Partner and the General Partner are collectively referred to in this Brochure as
the “Brightlight General Partners.” Vadim Rubinchik, Managing Partner (the “Portfolio
Manager”), is the majority beneficial owner of Brightlight and will direct the investment
activities and operations of the Funds (as defined below).
We serve as the investment adviser, with discretionary trading authority, to private, pooled
investment vehicles, the securities of which are offered through a private placement
memorandum to accredited investors, as defined under the Securities Act of 1933, as
amended, and qualified purchasers, as defined under
the Investment Company Act of 1940,
as amended. We do not tailor our advisory services to the individual needs of any particular
investor. Please see Item 8 of this Brochure for more information on our investment strategy.
Brightlight manages the following private pooled investment vehicles:
Brightlight Capital Offshore Ltd, a Cayman Islands exempted company (the “Offshore
Fund”);
Brightlight Capital Partners LP, a Delaware limited partnership (the “Master Fund”).
The Master Fund and the Offshore Fund (which is a feeder fund into the Master Fund) are
herein each referred to as a “Fund” or “Client,” and collectively referred to as the “Funds” or
the “Clients.”
The Master Fund’s “Limited Partners” and the Offshore Fund’s “Shareholders” are hereafter
collectively referred to as the “Investors” where appropriate.
Our investment decisions and advice with respect to the Funds are subject to each Fund’s
investment objectives and guidelines, as set forth in its respective “Offering Documents.”
We do not currently participate in any Wrap Fee Programs.
As of December 31, 2023, we had $471,473,642 of discretionary regulatory assets under
management.