20 LPs Actively Investing in Venture Capital Funds

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Nathan Beckord

Discover 20 top LPs actively backing venture funds—complete with contacts, insights, and tips for building lasting relationships.

Finding the right LPs isn’t about mass emailing a hundred people—it’s about building thoughtful, long-term relationships with the few who truly align with your fund. As David Zhou, Head of Investor Relations at Alchemist, says:

“Most LPs don’t identify as LPs. They don’t need volume, they need fit—and they’re only doing one to three new deals a year.”

In today’s market, fundraising takes longer, diligence goes deeper, and trust matters more than ever. That’s why we’ve curated a focused list of 20 LPs, complete with websites, contacts, emails, and LinkedIn profiles—to help you connect directly.

Before reaching out, here are a few things to keep in mind:

Include a clean deck or one-pager – Make it easy for them to engage.

Think long-term – LPs invest in lines, not dots. Relationships > transactions.

Be honest about your track record – As David notes, “People pay GPs for their opinion—don’t change it just to close a check.”

Keep it personal – Make your message about them, not just you.

Start with research – Understand each LP’s focus before you write.

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Fundingstack has spent years researching LPs in venture. This curated list of 20 LPs actively investing in venture capital funds is backed by our primary research and proprietary insights. Let’s dive in.

1. Foundry

Website: foundry.vc

Location: Boulder, CO

Contact Person: Seth Levine

Email: [email protected]

LinkedIn: linkedin.com/in/sethjlevine

Overview: Foundry is a Boulder-based VC firm that began making LP investments in 2016 with its Foundry Group Next fund. In 2018, they raised a $750M fund and committed 25–30% to LP investments, typically backing emerging managers with strong, differentiated theses.


2. Wellcome Trust

Website: wellcome.org

Location: London, UK

Contact Person: John-Arne Røttingen

Email: [email protected]

LinkedIn: John-Arne Røttingen

Overview: Wellcome Trust is one of the largest charitable foundations in the world. It invests part of its endowment into venture funds, often supporting both well-known and newer managers. They tend to focus on healthcare, science, and other areas that align with their mission to improve health globally.


3. Point72

Website: point72.com

Location: Stamford, Connecticut

Contact Person: Sri Chandrasekar

Email: [email protected]

LinkedIn: linkedin.com/in/srichandrasekar

Overview: Point72 is a global asset management firm founded by Steve Cohen. While best known for hedge fund investing, the firm has expanded into venture through its Point72 Ventures arm. They actively invest in early-stage VC funds and focus on sectors like fintech, AI, and enterprise software, often backing managers with deep domain expertise.


4. Blackstone

Website: blackstone.com

Location: New York, NY

Contact Person: Kurt Wheeler

Email: [email protected]

LinkedIn: Kurt Wheeler

Overview: Blackstone is one of the biggest investment firms in the world. Alongside its private equity and real estate deals, it also invests in venture funds. They usually back larger, experienced VC firms with strong past performance.


5. StepStone Group

Website: stepstonegroup.com

Location: New York, NY

Contact Person: John Avirett

Email: [email protected]

LinkedIn: John Avirett

Overview: StepStone Group is a global investment firm that helps clients invest in private markets. They have a dedicated venture and growth team and regularly invest in VC funds around the world. StepStone often supports both well-known and emerging managers, and they’re known for taking a data-driven approach to fund selection.


6. GIC

Website: gic.com.sg

Location: Singapore

Contact Person: Choo Yong Cheen

Email: [email protected]

LinkedIn: Choo Yong Cheen

Overview: GIC is Singapore’s sovereign wealth fund and one of the largest global investors. It invests across asset classes, including venture capital. GIC often backs top-tier VC funds around the world and takes a long-term view, with a focus on innovation, technology, and global diversification.


7. Recast Capital

Website: recastcapital.com

Location: San Francisco, California

Contact Person: Courtney McRea

Email: [email protected]

LinkedIn: linkedin.com/in/courtneymccrea

Overview: Recast Capital is an investment platform focused on supporting emerging VC managers, especially those from diverse and underrepresented backgrounds. They invest as an LP in early-stage venture funds and also run programs to help new managers grow. P.S. — Recast’s founder, Courtney McCrea, was also a guest on our podcast.


8. MacArthur Foundation

Website: macfound.org

Location: Chicago, IL

Contact Person: Kristen Mack

Email: [email protected]

LinkedIn: linkedin.com/in/knmack

Overview: The MacArthur Foundation is a major philanthropic organization with a mission to support social change. As part of its impact investing strategy, it invests in venture funds that align with its goals, including innovation, equity, and community development. They often back fund managers with a strong focus on positive societal outcomes.


9. Plexo Capital

Website: plexocap.com

Location: San Francisco, California

Contact Person: Lo Toney

Email: [email protected]

LinkedIn: linkedin.com/in/ltoney

Overview: Plexo Capital was founded by Lo Toney to invest in both venture funds and startups, with a strong emphasis on diverse and emerging managers. The firm takes a dual approach: backing early-stage VC funds and co-investing alongside them. Plexo is known for championing inclusion and expanding access in venture capital.


10. Partners Group

Website: partnersgroup.com

Location: Baar, Zug

Contact Person: Juri Jenkner

Email: [email protected]

LinkedIn: Juri Jenkner

Overview: Partners Group is a global private markets investment firm based in Switzerland. They invest across private equity, real estate, infrastructure, and private debt. As part of their private equity strategy, they make LP commitments to venture funds, often focusing on established managers with strong track records and global reach.


11. Emerson Collective

Website: emersoncollective.com

Location: Palo Alto, California

Contact Person: Fern Mandelbaum

Email: [email protected]

LinkedIn: linkedin.com/in/fern-mandelbaum-a485851/

Overview: Emerson Collective is a social impact organization founded by Laurene Powell Jobs. It invests in a mix of philanthropic, advocacy, and venture efforts. As an LP, Emerson backs venture funds aligned with its focus on education, climate, health, and equity. The firm often supports mission-driven and diverse fund managers.


12. Soros Family Office

Website: sorosfundmgmt.com

Location: New York, NY

Contact Person: Brenda Formes

Email: [email protected]

LinkedIn: linkedin.com/in/brendaformes/

Overview: The Soros Family Office manages the personal wealth of George Soros and his family. In addition to public markets, they invest in venture funds. They typically back well-known VC firms and are selective about where they invest, often looking for experienced teams and strong performance.


13. Vintage Investment Partners

Website: vintage-ip.com

Location: Herzilyah Pituach

Contact Person: Danielle Bash

Email: [email protected]

LinkedIn: linkedin.com/in/bashdanielle/

Overview: Vintage Investment Partners is a global venture platform based in Israel. They invest in VC funds, secondary deals, and startups. As an LP, they back both established and emerging managers, with a focus on funds in the U.S., Europe, and Israel.


14. Argonautic Ventures

Website: argonauticventures.com

Location: Seoul

Contact Person: Min Kim

Email: [email protected]

LinkedIn: linkedin.com/in/min-kim-81017b142/

Overview: Argonautic Ventures is a family office based in Seoul that invests in both startups and venture funds. They focus on early-stage VC and often back emerging managers, especially those with a global or tech-driven focus.


15. Mousse Partners

Website: moussepartners.com

Location: New York

Contact Person: Michael-Eric

Email: [email protected]

LinkedIn: Michael-Eric

Overview: Mousse Partners is the investment arm of the family behind Chanel. They manage a large global portfolio, including investments in private equity and venture funds. As an LP, they are quiet but active, typically backing established VC firms with strong performance.


16. Top Tier Capital Partners

Website: ttcp.com

Location: San Francisco , California

Contact Person: Katie Duval

Email: [email protected]

LinkedIn: linkedin.com/in/katiekellyduval/ 

Overview: Top Tier Capital Partners is a fund-of-funds based in San Francisco that focuses on venture capital. They invest in VC funds globally, backing a mix of established and emerging managers. They’re known for being active LPs with a strong network across early-stage venture.


17. Next Play Capital

Website: nextlegacy.com

Location: Palo Alto, CA

Contact Person: Russ Hall

Email: [email protected]

LinkedIn: Russ Hall

Overview: Next Play Capital is a venture-focused investment firm that backs top-tier VC funds and also co-invests in startups. They often focus on access — getting into competitive funds — and work closely with professional athletes and executives who want exposure to tech and innovation through venture capital.


18. Sapphire Ventures

Website: sapphireventures.com

Location: Menlo Park, CA

Contact Person: Aditya Reddy

Email: [email protected]

LinkedIn: linkedin.com/in/reddyaditya/

Overview: Sapphire Ventures is a VC firm that also invests as an LP in other venture funds. They focus on growth-stage tech companies and back fund managers with strong track records in enterprise software and innovation. Sapphire is known for being hands-on and building long-term relationships with the funds they support.


19. Willoughby Capital

Website: wch.nyc

Location: New York

Contact Person: Jeff Derbyshire

Email: [email protected]

LinkedIn: Jeff Derbyshire

Overview: Willoughby Capital is a private investment firm backed by the Soros family. They invest across public and private markets, including venture funds. As an LP, they tend to back well-known managers and look for opportunities in tech, healthcare, and consumer-focused funds.


20. Pritzker Vlock Family Office

Website: pvcapitalmanagement.com

Location: New Haven, Connecticut

Contact Person: Elon Boms

Email: [email protected]

LinkedIn: linkedin.com/in/elonboms/

Overview: Pritzker Vlock is the investment office for members of the Pritzker family. They invest directly in startups and as an LP in venture funds. The firm has a strong interest in early-stage innovation, especially in healthcare, life sciences, and tech.


Conclusion:

LPs want to back fund managers they trust—people who show up consistently, communicate clearly, and stay true to their strategy.

This list is a tool to help you start those relationships. Do your homework. Personalize your outreach. Share your vision with honesty.

As David Zhou said on the How I Raised It podcast:

“LPs invest in lines, not dots. It’s much better for them to see how you think and act over time than to be sold in one conversation.”

Start conversations, not just pitches. Keep showing up. The right LPs will notice.

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