July 2026 | Online
VC Fund Manager Masterclass
From thesis to DPI
Experience the full 10-15 years fund journey in 3 intensive days
Key Details
Dates
July 2026
Time
To Be Confirmed
Format
Live Online
Investment
€1,500 (10% discount for EWVC members)
Make 600+ real fund decisions under pressure, with counsequences.
Live your fund's entire lifecycle in one immersive competitive simulation.
Proven Methodology • Used at IMD & LBS
The competitive advantage
Learn by doing
Forget passive lectures. You'll work in competing teams, managing your fund through every stage from thesis to distributions. Every decision has trade-offs. Every quarter brings new challenges.
LP-grade fluency
Gain mastery of the metrics that matter to institutional investors: DPI, TVPI, MOIC, and cash-on-cash returns. Learn to communicate performance narratives that LPs actually want to hear.
Full journey compressed
Most emerging managers learn fund management through trial and error over 10+ years. You'll experience the complete lifecycle in 3 days: strategy, fundraising, deployment, follow-ons, exits,
and distributions.
What you'll learn
- Master the full fund lifecycle from thesis design to final distributions
- Build IC-readiness through intensive team-based decision-making under time pressure
- Make 600+ fund decisions in a structured simulation that mirrors real market dynamics
- Develop LP communication skills using core performance metrics (DPI/TVPI/MOIC)
- Expand your network with 14 other high-caliber European fund leaders
- Understand what actually drives fund performance – not theory, but lived experience
How the simulation works:
Your team. Your fund.
Real consequences.
- Define your investment thesis and portfolio construction approach
- Map and prioritize LPs, design your value proposition, secure commitments
- Build dealflow, evaluate opportunities, negotiate terms, and deploy capital
- Manage reserves and follow-ons as portfolio companies hit milestones or struggle
- Drive value creation, choose liquidity paths, manage exits and write-offs
- Report performance to LPs and deliver distributions – optimizing for net DPI
Team Roles
Each team includes:
Managing Partner
Fundraising Director
Investment Director
Dealflow Analyst
Fund Manager
Smaller teams combine roles
Who should apply
This masterclass is for ambitious, high-performing investment professionals who want to build fundleadership capability through applied, high-pressure decision-making.
You're a Great Fit If You:
- Are moving toward GP/partner-level roles or already raising/managing a fund
- Want LP-grade fluency in fund metrics, reporting, and performance drivers
- Are serious about building institutional-quality fund management skills
- Want to join a peer network of emerging European fund leaders
- Thrive in competitive, intense, team-based environments
This is NOT For:
- Those seeking passive learning or networking-only events
- Anyone unable to commit fully to the 3-day intensive format
- Professionals without genuine interest in fund management careers
- Those looking for general business education rather than fund-specific training
The group experience
15 participants. Curated. Competitive. Collaborative.
You'll build lasting relationships with peers who understand the unique challenges of fund management – connections that extend far beyond the three days into your career as an operator.
Expect intense team-based work, high-stakes decision-making, and genuine competitive dynamics. You'll form deep bonds with your team while competing fiercely against other funds – just like the real VC ecosystem.
Common Questions
What is the VC Fund Manager Masterclass?
A 3-day intensive simulation where you experience a complete 10-15 year venture capital fund lifecycle. Make 600+ real fund management decisions with your team – from thesis development to LP distributions.
Who should attend this VC masterclass?
Investment professionals who are:
- Moving toward GP or partner-level roles
- Raising or managing a venture fund
- Seeking institutional fund management skills
- Building LP-grade performance fluency
- Joining Europe's fund manager network
What's the total time commitment?
- Pre-work: 1-3 hours (videos, readings)
- Live sessions: 12 hours (4 hours × 3 days)
- Total: ~15 hours
How is this different from other VC training programs?
100% simulation-based learning (not lectures). Experience:
- Real-time decisions with consequences
- Competition for dealflow between funds
- LP negotiations and quarterly reporting
- Dynamic market conditions
- Complete fund lifecycle in 3 days
Used at IMD, London Business School, and with 250+ emerging fund managers globally.
What VC metrics will I learn?
Master institutional LP metrics:
- DPI (Distributions to Paid-In Capital)
- TVPI (Total Value to Paid-In Capital)
- MOIC (Multiple on Invested Capital)
- IRR (Internal Rate of Return)
- Cash-on-cash returns
How much does the VC masterclass cost?
€1,500 (10% EWVC member discount available)
What outcomes can I expect?
By completion, you'll have:
- Experienced 10-15 years of fund management compressed
- Made 600+ fund decisions under pressure
- Built LP-grade performance fluency
- Strengthened IC and fundraising skills
- Expanded your European GP network
- Gained fund leadership confidence
Applications are now open for a curated group of 15 participants.
This is an immersive, simulation-based masterclass that compresses the full fund journey into three intensive days.
Questions? Contact: Kasia@europeanwomenvc.org