# Venture Investors Warn Faster Fund Cycles May Strain LPs By John Kim Canonical URL: https://www.tokenpost.com/news/business/45330 Published: 2026-10-31T04:25:45.000Z Updated: 2026-10-31T04:25:45.000Z Section: Business > Beezer Clarkson said some funds are seeking new capital after about a year. Amit Bhatti said 12 to 18 months is plausible for funds deploying capital especially quickly. Beezer Clarkson, a managing director at LGT Capital Partners, said some venture funds are returning to raise after about a year, a faster pace that may strain limited partners if distributions lag. Clarkson described two to two and a half years as the earlier fundraising interval. Amit Bhatti, a partner at TrueBridge Capital Partners, said 24 to 36 months was the former norm and 12 to 18 months is plausible for funds deploying capital especially quickly. The estimates concern some funds, not an industrywide count. “It’s definitely a yellow light,” Bhatti said. He pointed to larger investment rounds and some managers increasing fund sizes mid-cycle as factors behind faster pacing. Clarkson warned that quicker capital calls can pressure endowments, hospitals and foundations when investment proceeds do not come back in time to meet commitments. Limited partners, or LPs, commit money to venture funds. Managers call on that committed capital to finance investments, and may later return proceeds to LPs when investments generate liquidity. The remarks add a fund-pacing angle to [venture capital’s concentration in mega-rounds](). The investors described LP exposure to OpenAI and Anthropic as potentially lucrative, but no specific holdings or payouts were identified. OpenAI announced $110 billion in new investment at a $730 billion pre-money valuation on Feb. 27. On March 31, it said its latest round had closed with $122 billion in committed capital at an $852 billion post-money valuation. The figures use different valuation bases. Bhatti cited IPOs, acquisitions and secondary share sales as possible paths to liquidity. SpaceX completed its IPO in June. Cerebras sold 34.5 million shares at $185 in May, raising about $6.38 billion. Cursor announced Aug. 14 that SpaceX had acquired it, without disclosing a price. Those transactions establish company-level exits, but do not show whether a particular venture fund received proceeds or distributed money to LPs. ## Links in this article - [venture capital’s concentration in mega-rounds](https://www.tokenpost.com/news/insights/22285)