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Fund Operations

What is the Typical Role of Venture Partners in Fundraising and Managing LP Relationships?

Asked by:
Community Member
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May 03, 2023
What's the norm for venture partners helping with fundraising when it comes to the relationship with the LP? Are they expected to be the touchpoint with the LP (like an account owner in sales)? Or are they only providing the intro and then the GP handles the relationship? Probably case by case but what is your experience there?
1 answer
Mike Suprovici
Accepted Answer
May 03, 2023
Case by case. But, in general, you want to handle the relationship because the VP is part time and they may not be there long term.

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