Take the LP's hard questions against a live 'investor'
Lesson 7 of 7 · Capital, IR & syndication
1 · Learn the move · Role-play
The LP call that matters is the one where a prospective investor asks about the deal that went sideways, the fee load and what you will do when the exit cap moves. Reading your own deck is not practice for that. Role-play puts a skeptical, well-read LP on the call: they ask the question you hope nobody asks, you answer, they press once, and then the coach scores you on whether you stated facts you can document and routed everything else to the offering documents and counsel. Nothing in the practice may become a claim you cannot back.
Role-play a skeptical prospective LP on a first call about Fund II, so I can practice answering the hard questions. Stay in character until I say 'coach me.' Never feed me a performance claim. [the three questions I dread]
2 · Your turn. You write the prompt
A family-office principal has agreed to a 20-minute call about Fund II. They have read the deck and the one deal in Fund I that returned capital late. Write a prompt that makes Claude that investor, lets you run the call, then coaches you on candor, on routing anything forward-looking to the documents, and on never improvising a number.
Write the prompt for this scenario as given, or swap in a real one from your own work. The score works the same either way.
Remember: the AI sees only your prompt, not this page. If the situation isn't in your prompt, it doesn't exist.
Optional. These shape the output when you run your prompt below, not your score.