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May 25, 2023 # Blossom Capital loses its fourth partner in five years ## Managing partner Alex Lim is set to leave at the end of the month — and won't be replaced Amy Lewin 2min read Blossom Capital, the London-based VC firm, has lost its fourth partner in five years. Alex Lim, who joined Blossom as a managing partner in 2021 from US VC firm IVP, will be leaving at the end of May. “We spent two years together and it’s been a great run, and we’ve put in a lot of effort together, professionally, personally trying to make the partnership work, and we’ve concluded as adults that it’s just not the best fit for either of us,” founding partner Ophelia Brown, who launched Blossom in 2018, tells Sifted on this week's episode of the Sifted Podcast. [...] “We’ve had our own learnings along the way," Brown says. "Louise was in Sweden, and we’ve learnt that an in-office culture is really important when you’re making decisions that quickly. Louise is phenomenally bright and a great investor; it’s very hard to make venture work, we’ve found, across office. Carmen is doing phenomenally well with Cocoa; she’s a great seed investor. That’s different from a high-conviction Series A strategy.” ### New associates Blossom will, instead of hiring a new partner, hire two associates this summer, Brown tells Sifted. “Imran and I learnt that model at Index — and we feel that now at Blossom, years in, we have the institutional muscle and processes to really enable a next generation to be succe