Few topics come up more often in our conversations with GPs right now than DPI, liquidity and delayed exits.

Everyone knows the challenge: your strongest companies keep growing, but liquidity events keep moving further out.

That's why we're looking forward to welcoming Kristaps Ronis, Partner at Ion Pacific, on June 16 for our masterclass on fund-level secondaries and liquidity strategies in venture.

As fundraising cycles stretch and exits remain scarce, continuation vehicles, structured secondaries and other liquidity solutions are becoming increasingly important tools for GPs.

Kristaps spends his time helping firms navigate exactly these situations, which is why this session feels particularly relevant right now. If you haven't secured your spot yet, now's a good time.

What connects this masterclass with much of the work we've been doing recently is a broader question: what does it actually take to build a venture firm that lasts?

That's why we're sharing a new report from Emerge and KfW Capital on how emerging managers scale into institutional-grade firms.

One of its key lessons is that building a durable venture firm requires more than investment performance. Governance, operations, LP relationships and liquidity discipline all matter. In many ways, the report picks up where Kristaps' session leaves off.

Looking ahead, we're preparing an AMA on AI usage inside CVCs. More details soon.

And after the success of our inaugural Fund Modelling Cohort, we're now shaping the next cohort. If you'd like to join, let us know in the comments.

Read on to see the events and resources worth your time.