Ligand exchange reactions using 4–5 nm 4-(N,N-dimethylamino)pyridine (DxMAP)-capped gold nanoparticles (AuNPs) formed the basis for synthesizing a family of liquid crystal (LC)-capped NPs for a rationalized miscibility in liquid crystal matrices. NPs with ligand capping layers composed of CH3(CH2)mSH (m = 5, 11) or 4′-(n-mercaptoalkyloxy)biphenyl-4-carbonitriles (CBO(CH2)nSH, n = 8, 12, 16) and their binary mixtures were prepared. The miscibility of the NPs in liquid crystals is found to be sensitive to the ligand chain length and the density of the LC ligands within the capping layers. Polarized optical microscopy and UV-vis data show that the NPs with only CH3(CH2)mSH ligands are either immiscible or only partially disperse in the isotropic phases of 4-n-pentyl-4′-cyanobiphenyl (5CB) and 4-n-octyl-4′-cyanobiphenyl (8CB). NPs with CBO(CH2)nSH (n = 8, 12, 16) ligands or mixed CH3(CH2)5SH/CBO(CH2)12SH ligand shells containing 28% or 70% CBO(CH2)12SH ligand content partly disperse. However, NPs with a 1 : 1 CH3(CH2)5SH/CBO(CH2)12SH ratio are completely miscible in isotropic 5CB up to at least 25 wt% Au. In general, the derivatization methodology developed here for mesogenic ligands provides in a complementary approach to thiol-for-thiol exchange for designing bifunctional AuNPs, offering the advantages of high reproducibility, access to a wide composition range and no need for large excesses of valuable functionalized ligand.