{"url":"https://nivawealth.com/firms/sapphire-ventures-161558","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/161558","regulatoryAum":10442887960,"crd":"161558","secFileNumber":"801-76758","legalName":"Sapphire Ventures, LP","displayName":"Sapphire Ventures","website":"http://sapphireventures.com","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"801 W. 5th ST., Ste 100","city":"Austin","state":"TX","stateName":"Texas","country":"United States","postalCode":"78703"},"tradeNames":["Sapphire"],"registration":{"secApproved":"29 June 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":72,"advisory":22,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":10442887960,"discretionaryAccounts":18,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":18,"regulatoryAum":10442887960}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Sapphire Ventures has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Nino Marakovic","title":"Managing Member, Partner, Chief Executive Officer","crd":"2521342"},{"name":"Jayendra Das","title":"Partner, President","crd":"6065601"},{"name":"Cristina Hohlman","title":"Chief Financial Officer, Partner","crd":"7530096"},{"name":"Abigail Johnson","title":"Partner, Chief Operating Officer","crd":"7244526"},{"name":"Robert Severo","title":"Chief Compliance Officer, Partner","crd":"6289701"}],"ownership":[{"label":"The Marakovic Family Trust Dated October 26, 2010, As Restated November 2, 2024","detail":"Managing member in the 75% or more ownership band and a control person, since June 2026."},{"label":"Nino Marakovic","detail":"Indirect owner: a trustee of The Marakovic Family Trust Dated October 26, 2010, As Restated November 2, 2024 in the 75% or more band and a control person, since June 2026.","parent":"The Marakovic Family Trust Dated October 26, 2010, As Restated November 2, 2024"},{"label":"Allison Marakovic","detail":"Indirect owner: trustee of The Marakovic Family Trust Dated October 26, 2010, As Restated November 2, 2024, since June 2026.","parent":"The Marakovic Family Trust Dated October 26, 2010, As Restated November 2, 2024"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"556 Santa Cruz Avenue","city":"Menlo Park"},{"street":"439 Bryant ST","city":"San Francisco"}]},{"state":"Texas","offices":1,"addresses":[{"street":"801 W. 5th ST., Ste 100","city":"Austin","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"650-382-1110","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[],"privateFunds":18},"sources":{"adv1FilingDate":"30 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/161558/PDF/161558.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Sapphire Ventures have?","answer":"Sapphire Ventures has 18 clients and manages $10.4 billion for them, as of July 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Sapphire Ventures offer?","answer":"Sapphire Ventures provides portfolio management for pooled vehicles and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Sapphire Ventures have?","answer":"Sapphire Ventures has 0 investment adviser representatives registered with state securities authorities, out of 72 employees, and 22 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Sapphire Ventures?","answer":"Sapphire Ventures is owned through a trust by Nino Marakovic. Its direct owner is the Marakovic Family Trust Dated October 26, 2010, As Restated November 2, 2024 (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Sapphire Ventures get paid?","answer":"Sapphire Ventures is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/sapphire-ventures-161558/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1697665/000117266126003451/0001172661-26-003451-index.html","totalValue":103802691,"positionCount":4,"top10Share":1,"top10":[{"issuer":"NETSKOPE INC","titleOfClass":"CL A","cusip":"64119N608","value":55123148,"shares":5038679,"shareType":"SH","priorValue":48160196,"priorShares":5672579},{"issuer":"BRAZE INC","titleOfClass":"COM CL A","cusip":"10576N102","value":36131159,"shares":1665798,"shareType":"SH","priorValue":39329491,"priorShares":1665798},{"issuer":"KALTURA INC","titleOfClass":"COM","cusip":"483467106","value":10374384,"shares":7980295,"shareType":"SH","priorValue":9735960,"priorShares":7980295},{"issuer":"UIPATH INC","titleOfClass":"CL A","cusip":"90364P105","value":2174000,"shares":200000,"shareType":"SH","priorValue":2220000,"priorShares":200000}],"positionsListed":4,"positions":[{"issuer":"NETSKOPE INC","titleOfClass":"CL A","cusip":"64119N608","value":55123148,"shares":5038679,"shareType":"SH","priorValue":48160196,"priorShares":5672579},{"issuer":"BRAZE INC","titleOfClass":"COM CL A","cusip":"10576N102","value":36131159,"shares":1665798,"shareType":"SH","priorValue":39329491,"priorShares":1665798},{"issuer":"KALTURA INC","titleOfClass":"COM","cusip":"483467106","value":10374384,"shares":7980295,"shareType":"SH","priorValue":9735960,"priorShares":7980295},{"issuer":"UIPATH INC","titleOfClass":"CL A","cusip":"90364P105","value":2174000,"shares":200000,"shareType":"SH","priorValue":2220000,"priorShares":200000}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}