9 April 2026
The core fund investing team from Sapphire Partners, the LP investing arm of Sapphire Ventures, is joining LGT Capital Partners' venture capital platform. The move was announced on 7 April 2026 and is effective 15 April 2026.
The team is co-led by Beezer Clarkson and comprises six investment professionals in total. Clarkson brings more than 20 years of experience in US and global venture capital fund investing.
Sapphire Partners has operated as an LP investor for nearly 15 years, committing over $1.2 billion across more than 200 funds. Sapphire Ventures, the parent firm, is an enterprise AI-focused venture capital firm with over $10 billion in assets under management.
Sapphire Ventures has stated it will continue to manage and deploy more than $2 billion in existing fund investments, with support from the transitioning team members at LGT Capital Partners during the handover period. The firm's target markets for those investments remain early-stage venture firms in the US, Europe and Israel.
For LGT Capital Partners, the addition strengthens its US venture capital presence. The firm has been active in venture capital investing for nearly three decades and maintains relationships with more than 400 venture capital managers globally. Its venture capital team is already spread across Europe, both US coasts and the Asia Pacific region.
Thomas Kristensen, Partner at LGT Capital Partners and responsible for the firm's venture capital team, said: "Expanding our venture capital platform in the US is a strategic priority for LGT Capital Partners. The investment professionals joining from Sapphire Partners bring a well-established track record, deep relationships across the global venture market and strong alignment with our long-term view and partnership-oriented culture. The addition significantly strengthens our ability to identify and evaluate best-in-class venture managers for the benefit of both current and future clients."
Beezer Clarkson said: "I've known the LGT Capital Partners team for over a decade and have long observed its thoughtful approach to fund investing. From the outset of our discussions, it was clear our teams share a long-term investment philosophy, a commitment to building durable partnerships, and a focus on delivering differentiated outcomes for clients."
LGT Capital Partners manages over $120 billion in assets under management and serves more than 700 institutional clients across 50 countries. The firm is privately held and owned by the Princely House of Liechtenstein, headquartered in Pfaeffikon, Switzerland.
The announcement follows a separate expansion move by LGT Capital Partners in December 2025, when the firm entered a strategic partnership with Invesco to develop private markets solutions for the US wealth and retirement channels.
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