Sapphire Ventures, Lp
SEC-registered
Private Fund Manager · Large ($10B–$100B)
CRD 161558
· SEC file 801-76758
· Austin, TX
· www.linkedin.com
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ADV data as of Jul 30, 2026
- Regulatory AUM
- $10.4B
- Discretionary
- $10.4B
- Clients
- 18
- Avg AUM / client
- $580M
- Accounts
- 18
- Employees
- 72
AUM over time
$354M
$11.3B
May 2012
Jul 2026
Annual snapshots from Form ADV filings · as of Jul 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 18 | $10.4B | 100.0% |
Private funds (24)
View all →Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $10.8B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Sapphire Ventures Fund Vi, L.P. | Venture Capital Fund | Delaware | $1.7B | 3 |
| Sapphire Ventures Fund Vii A, L.P. | Venture Capital Fund | Delaware | $1.3B | 3 |
| Sapphire Ventures Fund V, L.P. | Venture Capital Fund | Delaware | $1.1B | 3 |
| Sapphire Ventures Fund Iv, L.P. | Venture Capital Fund | Delaware | $1.1B | 3 |
| Sapphire Sap Hana Fund Of Funds, L.P. | Venture Capital Fund | Delaware | $1.1B | 2 |
| Sapphire Ventures Fund Iii, L.P. | Venture Capital Fund | Delaware | $929M | 3 |
| Calstrs New And Next Generation Manager Fund Iv, L.P. | Venture Capital Fund | Delaware | $556M | 2 |
| Sapphire Fund Investments Iii, L.P. | Venture Capital Fund | Delaware | $540M | 3 |
| Sapphire Ventures Fund Ii, L.P. | Venture Capital Fund | Delaware | $504M | 2 |
| Sapphire Fund Investments Ii, L.P. | Venture Capital Fund | Delaware | $497M | 3 |
| Calstrs New And Next Generation Manager Fund Iii, L.P. | Venture Capital Fund | Delaware | $349M | 2 |
| Calstrs New And Next Generation Manager Fund Ii, L.P. | Venture Capital Fund | Delaware | $163M | 2 |
| Sapphire Sport Ii, L.P. | Venture Capital Fund | Delaware | $160M | 39 |
| Sapphire Opportunity Fund Ii, L.P. | Venture Capital Fund | Delaware | $159M | 5 |
| Calstrs New And Next Generation Manager Fund V, L.P. | Venture Capital Fund | Delaware | $158M | 3 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Marakovic, Nino, Nikola | Managing Member, Partner, Chief Executive Officer | Aug 2010 (16y) | 75% or more | |
| Das, Jayendra, [Nmn] | Partner, President | Jan 2019 (8y) | Less than 5% | |
| Severo, Robert, F. | Chief Compliance Officer, Partner | Jan 2019 (8y) | Less than 5% | |
| Johnson, Abigail, Catherine | Partner, Chief Operating Officer | Jan 2020 (7y) | Less than 5% | |
| Hohlman, Cristina, Marie | Chief Financial Officer | Oct 2021 (5y) | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (24, $10.8B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Sapphire Ventures Fund Vi, L.P. | Venture Capital Fund | $1.7B | $1.8B | 3 |
| Sapphire Ventures Fund Vii A, L.P. | Venture Capital Fund | $1.3B | $1.3B | 3 |
| Sapphire Ventures Fund V, L.P. | Venture Capital Fund | $1.1B | $1.3B | 3 |
| Sapphire Ventures Fund Iv, L.P. | Venture Capital Fund | $1.1B | $1.0B | 3 |
| Sapphire Sap Hana Fund Of Funds, L.P. | Venture Capital Fund | $1.1B | $405M | 2 |
| Sapphire Ventures Fund Iii, L.P. | Venture Capital Fund | $929M | $700M | 3 |
| Calstrs New And Next Generation Manager Fund Iv, L.P. | Venture Capital Fund | $556M | $250M | 2 |
| Sapphire Fund Investments Iii, L.P. | Venture Capital Fund | $540M | $550M | 3 |
| Sapphire Ventures Fund Ii, L.P. | Venture Capital Fund | $504M | $650M | 2 |
| Sapphire Fund Investments Ii, L.P. | Venture Capital Fund | $497M | $450M | 3 |
| Calstrs New And Next Generation Manager Fund Iii, L.P. | Venture Capital Fund | $349M | $250M | 2 |
| Calstrs New And Next Generation Manager Fund Ii, L.P. | Venture Capital Fund | $163M | $200M | 2 |
| Sapphire Sport Ii, L.P. | Venture Capital Fund | $160M | $250K | 39 |
| Sapphire Opportunity Fund Ii, L.P. | Venture Capital Fund | $159M | $5.0M | 5 |
| Calstrs New And Next Generation Manager Fund V, L.P. | Venture Capital Fund | $158M | $165M | 3 |
| Sapphire Opportunity Fund Iii, L.P. | Venture Capital Fund | $131M | $5.0M | 5 |
| Sapphire Opportunity Fund, L.P. | Venture Capital Fund | $88.4M | $20.0M | 4 |
| Calstrs New And Next Generation Manager Fund Vi, L.P. | Venture Capital Fund | $85.9M | $85.0M | 2 |
| Sapphire Sport, L.P. | Venture Capital Fund | $79.7M | $250K | 27 |
| Sapphire Ventures Fund I, Lp | Venture Capital Fund | $65.3M | $353M | 2 |
| Calstrs New And Next Generation Manager Fund I, L.P. | Venture Capital Fund | $38.6M | $100M | 2 |
| Sap.Io Fund, L.P. | Venture Capital Fund | $34.9M | $26.0M | 3 |
| Sapphire Sport Parallel Fund Ii, L.P. | Venture Capital Fund | $15.4M | $2.5M | 18 |
| Sapphire Sport Parallel Fund, L.P. | Venture Capital Fund | $12.8M | $2.5M | 4 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/01/2026 | 5.82 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Selection of other advisers
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 30, 2026.
View current Form ADV (SEC/IAPD) ↗