Sapphire Ventures provides investment management services to private investment funds, investing primarily in equity and equity-related securities of venture capital stage operating companies and third-party venture capital funds. Sapphire tailors its investment advice to each fund's investment objectives and strategy, as outlined in the fund's governing documents. The firm's services are for pooled investment vehicles, not individual investors.
Fee Structure
Sapphire Ventures manages investments for private funds. Investors in the funds generally negotiate management fees and carried interest with the Affiliated General Partners. Some funds pay Sapphire directly, according to the fund's governing documents. Sapphire or its affiliates may waive or reduce fees for certain funds.