DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
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SEC-registered adviser
S••••••• V•••••••• L•
Latest filing Jul 30, 2026
First filing on the tape May 29, 2012 · 31 filings
SEC status approved since Jun 29, 2012
RAUM
$10B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
72
22 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
18
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$10B as of Jul 30, 2026
Apr 1, 2013$509M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 30, 2026
Apr 1, 20130 then
Employees (5.A)72 as of Jul 30, 2026
Apr 1, 201311 then
Private funds18 as of Jul 30, 2026
Apr 1, 20132 then
RAUM -7.9% over the last fiscal year+1.6% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 30, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $580MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- -7.9%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$10B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 18reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
24 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| S••••••• V••••••• F••• V•• L••• | Venture Capital Fund | $1.7B | 3 | Mar 30, 2022 |
| S••••••• V••••••• F••• V••••• L••• | Venture Capital Fund | $1.3B | 3 | Mar 30, 2023 |
| S••••••• V••••••• F••• V• L••• | Venture Capital Fund | $1.1B | 3 | Mar 31, 2021 |
| S••••••• V••••••• F••• I•• L••• | Venture Capital Fund | $1.1B | 3 | Mar 29, 2019 |
| S••••••• S•• H••• F••• O• F••••• L••• | Venture Capital Fund | $1.1B | 2 | May 29, 2012 |
| S••••••• V••••••• F••• I••• L••• | Venture Capital Fund | $929M | 3 | Sep 13, 2016 |
| C•••••• N•• A•• N••• G••••••••• M•••••• F••• I•• L••• | Venture Capital Fund | $556M | 2 | Mar 30, 2017 |
| S••••••• F••• I••••••••• I••• L••• | Venture Capital Fund | $540M | 3 | Mar 29, 2019 |
| S••••••• V••••••• F••• I•• L••• | Venture Capital Fund | $504M | 2 | Mar 26, 2014 |
| S••••••• F••• I••••••••• I•• L••• | Venture Capital Fund | $497M | 3 | Sep 13, 2016 |
| C•••••• N•• A•• N••• G••••••••• M•••••• F••• I••• L••• | Venture Capital Fund | $349M | 2 | Apr 1, 2013 |
| C•••••• N•• A•• N••• G••••••••• M•••••• F••• I•• L••• | Venture Capital Fund | $163M | 2 | Mar 30, 2012 |
| S••••••• S•••• I•• L••• | Venture Capital Fund | $160M | 39 | Mar 30, 2022 |
| S••••••• O••••••••• F••• I•• L••• | Venture Capital Fund | $159M | 5 | Mar 31, 2021 |
| C•••••• N•• A•• N••• G••••••••• M•••••• F••• V• L••• | Venture Capital Fund | $158M | 3 | Mar 29, 2024 |
| S••••••• O••••••••• F••• I••• L••• | Venture Capital Fund | $131M | 5 | Mar 30, 2022 |
| S••••••• O••••••••• F•••• L••• | Venture Capital Fund | $88.4M | 4 | Mar 30, 2020 |
| C•••••• N•• A•• N••• G••••••••• M•••••• F••• V•• L••• | Venture Capital Fund | $85.8M | 2 | Mar 29, 2024 |
| S••••••• S••••• L••• | Venture Capital Fund | $79.7M | 27 | Mar 30, 2018 |
| S••••••• V••••••• F••• I• L• | Venture Capital Fund | $65.3M | 2 | Mar 15, 2012 |
| C•••••• N•• A•• N••• G••••••••• M•••••• F••• I• L••• | Venture Capital Fund | $38.6M | 2 | Mar 30, 2012 |
| S••••• F•••• L••• | Venture Capital Fund | $34.9M | 3 | Mar 29, 2017 |
| S••••••• S•••• P••••••• F••• I•• L••• | Venture Capital Fund | $15.4M | 18 | Mar 30, 2022 |
| S••••••• S•••• P••••••• F•••• L••• | Venture Capital Fund | $12.8M | 4 | Mar 30, 2018 |
Owners and control persons
Schedule A and B, latest filing
- D••• J•••••••• •••• · Partner, Presidentcontrolsince 01/2019 · owns less than 5%
- H••••••• C•••••••• M•••• · Chief Financial Officercontrolsince 10/2021 · owns less than 5%
- J••••••• A••••••• C•••••••• · Partner, Chief Operating Officercontrolsince 01/2020 · owns less than 5%
- M••••••••• N•••• N••••• · Managing Member, Partner, Chief Executive Officercontrolsince 08/2010 · owns 75% or more
- S•••••• R•••••• F• · Chief Compliance Officer, Partnercontrolsince 01/2019 · owns less than 5%
Related persons
Schedule D 7.A
- S••••• ••••• L•••••investment adviserpooled vehicle sponsory
- S••••••• C•••• •••• V•• L•••investment adviserpooled vehicle sponsory
- S••••••• C•••• G•••• L•••••investment adviserpooled vehicle sponsory
- S••••••• F••• I••••••••• I• •••• L•••••investment adviserpooled vehicle sponsory
- S••••••• F••• I••••••••• I•• •••• L•••••investment adviserpooled vehicle sponsory
- S••••••• F••• I••••••••• M••• L••••investment adviserpooled vehicle sponsory
- S••••••• O••••••••• •••• I• L•••••investment adviserpooled vehicle sponsory
- S••••••• O••••••••• •••• I•• L•••••investment adviserpooled vehicle sponsory
- S••••••• O••••••••• •••• I••• L•••••investment adviserpooled vehicle sponsory
- S••••••• S•• H••• F••• O• F•••• •••• L•••••investment adviserpooled vehicle sponsory
- S••••••• S•••• ••••• L•••••investment adviserpooled vehicle sponsory
- S••••••• S•••• G•• I• L•••••investment adviserpooled vehicle sponsory
- S••••••• S•••• G•• I•• L•••investment adviserpooled vehicle sponsory
- S••••••• V••••••• •••• I• L•••••investment adviserpooled vehicle sponsory
- S••••••• V••••••• •••• I•• L•••••investment adviserpooled vehicle sponsory
- S••••••• V••••••• •••• I••• L•••••investment adviserpooled vehicle sponsory
- S••••••• V••••••• •••• I•• L•••••investment adviserpooled vehicle sponsory
- S••••••• V••••••• •••• V• L•••••investment adviserpooled vehicle sponsory
- S••••••• V••••••• •••• V•• L•••investment adviserpooled vehicle sponsory
- S••••••• V••••••• •••• V••• L•••investment adviserpooled vehicle sponsory
- S••••••• V••••••• ••••• L•••••investment adviserpooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
- Menlo Park, CA24 employees
- San Francisco, CA5 employees
- London, United Kingdom3 employees
What changed
consecutive filings, newest first
- Business name · S••••••• V•••••••• L•• to S••••••• V•••••••• L•Apr 30, 2026 to Jul 30, 2026
- Legal name · S••••••• V•••••••• L•• to S••••••• V•••••••• L•Apr 30, 2026 to Jul 30, 2026
- Organization form · Limited Liability Company to Limited PartnershipApr 30, 2026 to Jul 30, 2026
- Accounts · 25 to 18Mar 31, 2026 to Apr 30, 2026
- Advisory employees · 30 to 22Mar 31, 2026 to Apr 30, 2026
- Pooled vehicle clients · 25 to 18Mar 31, 2026 to Apr 30, 2026
- Employees · 82 to 72Mar 31, 2026 to Apr 30, 2026
- Private funds · 25 to 18Mar 31, 2026 to Apr 30, 2026
- Discretionary RAUM · $12B to $10BMar 31, 2026 to Apr 30, 2026
- Pooled vehicle RAUM · $12B to $10BMar 31, 2026 to Apr 30, 2026
- RAUM · $12B to $10BMar 31, 2026 to Apr 30, 2026
- Accounts · 26 to 25Mar 31, 2025 to Mar 31, 2026
- Advisory employees · 34 to 30Mar 31, 2025 to Mar 31, 2026
- Pooled vehicle clients · 26 to 25Mar 31, 2025 to Mar 31, 2026
- Employees · 89 to 82Mar 31, 2025 to Mar 31, 2026
- Financial planning clients · to 0Mar 31, 2025 to Mar 31, 2026
- Private funds · 26 to 25Mar 31, 2025 to Mar 31, 2026
- Discretionary RAUM · $11B to $12BMar 31, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $11B to $12BMar 31, 2025 to Mar 31, 2026
- RAUM · $11B to $12BMar 31, 2025 to Mar 31, 2026
- Accounts · 24 to 26Mar 29, 2024 to Mar 31, 2025
- Advisory employees · 36 to 34Mar 29, 2024 to Mar 31, 2025
- Pooled vehicle clients · 24 to 26Mar 29, 2024 to Mar 31, 2025
- Employees · 86 to 89Mar 29, 2024 to Mar 31, 2025
- Financial planning clients · unset to Mar 29, 2024 to Mar 31, 2025
- Private funds · 24 to 26Mar 29, 2024 to Mar 31, 2025
- Discretionary RAUM · $11B to $11BMar 29, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $11B to $11BMar 29, 2024 to Mar 31, 2025
- RAUM · $11B to $11BMar 29, 2024 to Mar 31, 2025
- Accounts · 18 to 24Mar 30, 2023 to Mar 29, 2024
- Advisory employees · 40 to 36Mar 30, 2023 to Mar 29, 2024
- Pooled vehicle clients · 18 to 24Mar 30, 2023 to Mar 29, 2024
- Employees · 95 to 86Mar 30, 2023 to Mar 29, 2024
- Private funds · 18 to 24Mar 30, 2023 to Mar 29, 2024
- Discretionary RAUM · $10.0B to $11BMar 30, 2023 to Mar 29, 2024
- Pooled vehicle RAUM · $10.0B to $11BMar 30, 2023 to Mar 29, 2024
- RAUM · $10.0B to $11BMar 30, 2023 to Mar 29, 2024
- Accounts · 17 to 18Aug 31, 2022 to Mar 30, 2023
- Advisory employees · 32 to 40Aug 31, 2022 to Mar 30, 2023
- Pooled vehicle clients · 17 to 18Aug 31, 2022 to Mar 30, 2023
Signals
14 dated events
- Marie Cristina Hohlman (Chief Financial Officer) appeared on Schedule A of S••••••• V•••••••• L•Mar 30, 2022 · Control person joined · fact
- Mark Anthony Matusich (Chief Financial Officer) no longer on Schedule A of S••••••• V•••••••• L• (listed 2021-05-06, absent 2022-03-30)Mar 30, 2022 · Control person left · inference
- S••••••• V•••••••• L• reported RAUM $10.3B, up 51% from $6.8B (2021-05-06 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- S••••••• V•••••••• L• reported RAUM $6.8B, up 61% from $4.2B (2020-03-30 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- Markus Andreas Weiskam (Managing Director) no longer on Schedule A of S••••••• V•••••••• L• (listed 2019-08-13, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
- A E Elizabeth Clarkson (Managing Director) no longer on Schedule A of S••••••• V•••••••• L• (listed 2019-08-13, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
- [Nmn] Aviram Branitzky (Managing Member) no longer on Schedule A of S••••••• V•••••••• L• (listed 2019-08-13, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
- Dwight Steven Abbott (Managing Member And Chief Operating Officer) no longer on Schedule A of S••••••• V•••••••• L• (listed 2019-08-13, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
- Catherine Abigail Johnson (Managing Director, Chief Operating Officer) appeared on Schedule A of S••••••• V•••••••• L•Mar 30, 2020 · Control person joined · fact
- Armin David Hartwig (Managing Director) no longer on Schedule A of S••••••• V•••••••• L• (listed 2019-08-13, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
- Douglas Richard Higgins (Managing Director) no longer on Schedule A of S••••••• V•••••••• L• (listed 2019-08-13, absent 2020-03-30)Mar 30, 2020 · Control person left · inference
- S••••••• V•••••••• L• reported RAUM $3.8B, up 64% from $2.3B (2019-01-15 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Lynn Jason Tripp (Chief Compliance Officer) no longer on Schedule A of S••••••• V•••••••• L• (listed 2018-03-30, absent 2019-01-15)Jan 15, 2019 · Control person left · inference
- F. Robert Severo (Chief Compliance Officer) appeared on Schedule A of S••••••• V•••••••• L•Jan 15, 2019 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
- S••••••• V•••••••• L•• · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/sapphire-partners-lp/?original_referer=reportedpublic record, Form ADV, Sep 18, 2026
- Website
- H•••://WWW.OPENLP.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 650-382-1110reportedpublic record, Form ADV, Jul 30, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026