The Fund Manager Practicum is an immersive, competitive, fast-paced program where participants from VC and growth funds will step in the shoes of a first-time fund team working through a full, 15-year fund journey.
During the Fund Manager Practicum, participants will be split into groups where each will have a role on the founding team of a new investment company. Their goal will be to raise a fund and invest in promising businesses. The various teams will compete on achieving the best fund performance.
Along the way, they will experience ups, downs, strategic dilemmas, market news, exits, and much more. Participants will develop a clear investment thesis and investment strategy; raise LP financing; grow a deal flow pipeline; protect their fund economics; beware of bad deals; scale their portfolio; get the best exits; and deliver a stunning IRR and fund multiples.
Format: This live online training will be held on Zoom using the online tool Miro for group work collaboration. Each team will have a dedicated space where they will complete the various tasks (fund strategy, LP review, deals review, exit decisions, etc.) The practicum instructor will always be available to discuss the different stages of the fund cycle, explain industry concepts, give assignments, moderate the simulation and answer questions.
Participants will gain a deeper understanding of the full fund journey and will experience the importance of team dynamics and team collaboration. The interactive workshop will provide the opportunity to meet and work with peers from all over Europe.
The training is designed for investment professionals from the VC & growth industries.
This online practicum will take place online in 5 parts of 3 hours each:
Part 1 Wednesday, 18 November: 9h - 12h CET
> Introduction to VC fund management, launch of teams & roles, investment thesis, investment strategy, portfolio management model, fund economicus, portfolio construction
Part 2 Wednesday, 18 November: 13.30h – 16:30h CET
> Fund model, deal flow, term sheets, LP stack & LP value propositions, securing LP commitments, first close, LP pitch deck, deliverables for day 2
Part 3 Thursday, 19 November: 9h - 12h CET
> GP pitch sessions, building your portfolio, structuring syndicated deals, competing for deal flow, final close celebrations, J-curve in venture
Part 4 Thursday, 19 November: 13h30 - 16h30 CET
> Post-investment support, follow-on rounds, MOIC & TVPI, launching fund II, deliverable for day 3
Part 5 Friday, 20 November: 9h - 12h CET
> LP update, value creation, liquidity paths, exits, valuation methods, fund performance, looking back at the fund journey - key reflections
The speaker profiles can be viewed at this link.
This training will take place in English.
Course Fee
Invest Europe Members: €999
Non-members: €1,430
*21% VAT will be added to Belgium-based participants.
The above prices also include all material related to the training.
Payment:
Participants are requested to pay by bank transfer or credit card. Registrations sent after 18 October 2026 should be paid by credit card.
To avoid any confusion, participants are requested to indicate clearly their names and addresses on transfer orders. Confirmation of registration and practical information will be sent after the registration is processed.
Cancellation:
Cancellations can only be accepted if received by 18 October 2026. Fees (less 20% administrative charges) will then be refunded. After this date, delegates will be liable for the full fee.
In case of cancellation, a substitution between members of the same company is still possible at any time.