Sapphire Ventures, LLC (Palo Alto)

Name: Sapphire Ventures, LLC
Address: 3408 Hillview Avenue, Palo Alto, CA, 94304
Telephone: 650-382-1110

Sapphire Ventures, LLC is a large advisory firm based in Palo Alto. It manages $3.78 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of California.

Sapphire Ventures provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Sapphire Ventures: assets under management

The assets under management (AUM) of Sapphire Ventures, LLC is $3.78 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 144% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.78 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $378.31 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sapphire Ventures, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Sapphire Ventures serves?

The only and largest group of clients of Sapphire Ventures is pooled investment vehicles with 10 clients and $3.78 billion of assets under management. Among the 8 most similar advisory firms, Sapphire Ventures has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.78 billion for 10 clients. None of the firm’s clients are foreign persons or businesses.

Sapphire Ventures also advises several private funds. Namely, ten venture capital funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,002,000,000.

Careers at Sapphire Ventures, LLC

The company employs 38 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nino Nikola Marakovic	Managing member, chief executive officer, managing director	1 Aug 2010	75% - 100%	2521342
Jayendra [Nmn] Das	Managing director	1 Jan 2011	Other	6065601
David Armin Hartwig	Managing director	1 Jan 2011	Other	6065602
Richard Douglas Higgins	Managing director	1 Jan 2011	Other	2657307
Andreas Markus Weiskam	Managing director	1 Jan 2011	Other	6065603
Elizabeth A E Clarkson	Managing director and chief operating officer	1 Jun 2012	Other	2529200
Anthony Mark Matusich	Chief financial officer and chief compliance officer	1 Apr 2013	Other	4461085
Aviram [Nmn] Branitzky	Managing member	1 Feb 2014	Other	6629010
Steven Dwight Abbott	Managing member and chief operating officer	1 Jan 2015	Other	2512593
Jason Lynn Tripp	Chief compliance officer	1 Sep 2017	Other	4656089
Robert F. Severo	Chief compliance officer	1 Jan 2019	Other	6289701

Based in Palo Alto

The principal office where Sapphire Ventures, LLC performs its advisory services is located at 3408 Hillview Avenue, Palo Alto, CA 94304, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-382-1110. The normal business hours are 08:30 - 17:30 on Monday - Friday. You can find more information about the New York firm at sapventures.com.