At a glance
Insight: Secondary transactions are becoming a core tool for venture fund management
Recorded masterclass: Coming soon (Unlocking investor liquidity: fund-level secondary strategies for venture capital)
AMA: Coming soon (AI usage inside CVCs)
Resource: VC-backed startup legal dashboard
Yesterday, we hosted an Academy masterclass with Kristaps Ronis, Partner at Ion Pacific, on one of the most important topics in venture right now: liquidity.
With exits taking longer, DPI remaining under pressure and fund lives extending, venture firms are looking beyond traditional exit routes to return capital, support fundraising and retain exposure to their strongest portfolio companies.
Kristaps explained how fund-level secondary strategies can help solve these challenges and why they are becoming a core part of venture fund management.
Some of the topics we discussed were:
Why more venture firms are using secondary transactions to bridge the gap between unrealised value and fundraising timelines
How continuation vehicles, strip sales and other GP-led solutions help managers balance liquidity needs with conviction in their strongest assets
Why alignment between GPs, LPs and buyers is often the difference between a successful process and a failed one
The practical preparation required long before a liquidity event, from governance and LP engagement to portfolio construction and pricing expectations
How secondary transactions can be used as proactive portfolio management tools rather than reactive liquidity solutions
The recording will be available soon on EUVC Academy, and we'll also be sharing more detailed takeaways from the session in the coming weeks.
Read on for more resources we've curated for you this week.
Did you know?
Our VC Monte Carlo Simulator supports multiple currencies, allowing you to model and stress-test venture fund strategies across thousands of simulated outcomes in the currency you actually operate and report in.
Upcoming
Live at the academy
An AMA exploring AI adoption, strategy and execution inside CVCs
Recorded
Members-only on demand content
Building and stress-testing the assumptions behind fund performance
Translating fund assumptions into venture fund performance
Linking assumptions, portfolio construction and outcomes.
Resources
Curated library of venture resources
Marketing foundations for fund managers
A presentation on institutionalising a category-defining investment brand
VC Performance Benchmarking
A presentation on the metrics and benchmarks that shape LP expectations
