Sandwich Capital

The firm employs a two-tier strategy. First, it commits as a limited partner to pre-seed and seed-stage venture capital funds that are roughly $50 million or smaller in size. Second, it co-invests alongside those same managers directly into their portfolio companies at the early stages of growth, giving it exposure to both fund-level performance and direct company equity.

Sourcing is relationship-driven and tied to Founder Sam Kokin's professional network, built across roles at CAA, Mirae Asset, Pitango Venture Capital, and FabFitFun. The firm leans on a high-touch 'breaking bread' approach rather than a broad, institutional origination funnel. No formal sourcing desk or systematic outreach program is publicly described.

It participates in both. Sandwich Capital cites limited partner commitments to venture capital funds as its primary activity, with a stated preference for pre-seed and seed-stage vehicles capped at around $50 million. It then uses those relationships to access direct co-investment opportunities in the fund managers' portfolio companies.

The firm's fund commitments are concentrated at the pre-seed and seed stage. Its direct co-investments follow the same early-stage logic, deploying additional capital into companies that are in the early phases of growth alongside the firm's partner fund managers.

Sam Kokin is the Founder and Managing Partner. His career spans investing, operating, and advisory roles at Creative Artists Agency (CAA), Mirae Asset Global Investments, Pitango Venture Capital, the e-commerce company FabFitFun, and Ernst & Young. He holds degrees from UCLA and Columbia Business School and is based in Los Angeles.

Sandwich Capital is structured as a private equity firm operating as a venture capital fund-of-funds and co-investment vehicle. It does not present itself as a family office managing a single pool of private wealth, but rather as an asset manager pooling capital to back external fund managers and their portfolio companies.

No. The firm does not publicly disclose its assets under management, capital deployed, or fund sizes. The absence of any public filing or press release detailing a fund close means its current scale is not verifiable through primary sources.