Send the LP update. See which LPs opened it.
Letter, NAV, portfolio highlights and a short video on one page. Each LP gets their own link, so you know which LPs keep opening it before the next raise.
For emerging managers, solo GPs and fund sponsors.
From Atlas Fund II
Q3 2026 update: Fund I
- Letter from the GP4 min read
- NAV and performanceQ3
- Portfolio highlights6 companies
- Video from the GP2:05
Book an LP call
Who came back
Every person gets their own link to this page. Journey shows who opened it, when, and who came back.
One came back three times. One opened it once. Two haven't opened it yet.
You send it. Then you guess.
The quarterly letter is a PDF buried under the K-1 email.
LPs skim the NAV and skip the story behind it.
You can't tell which LPs are engaged before the next raise.
How it works
Three steps. Then you know who came back.
Ask Claude to build it
Paste the prompt above, with your notes and files.
Send it with Journey
One page, a named link for every person on your list.
Ask who came back
Who opened it, when, and who came back.
What goes in a quarterly LP update
- 01
The letter
The quarter in a few honest paragraphs.
- 02
NAV and performance
The numbers you report every quarter.
- 03
Portfolio highlights
Wins, raises and companies to watch.
- 04
A word from the GP
Two minutes on video.
- 05
What's next
Upcoming capital calls or the next fund.
The prompt for Claude
ChatGPT coming soonTurn this quarter's notes and NAV numbers into an LP update page in Journey for [FUND NAME]. Open with a short letter, then NAV and performance, portfolio highlights and a slot for a two-minute video. Require an email before anyone can view it, and make a link for each LP.
Why send a quarterly LP update with Journey
LPs who open every update are often the ones who re-up. One page per quarter with a link for each LP tells you who they are long before you start the next fund.
Questions
Frequently asked questions
Can I keep last quarter's update live?
Yes. Each update is its own page, so you can keep them all and link back to earlier quarters.
Can I add a password for sensitive numbers?
Yes. In the Journey app, add a password or an NDA before the page opens.
Can I control who opens it?
Yes. Require an NDA, an email or a password, set the link to expire, or limit it to approved emails and domains.
What does Claude do, and what does Journey do?
Claude drafts the quarterly LP update and builds the page. Journey hosts it, gives each person their own link, applies the gates and turns opens, time and clicks into signals you can ask Claude about.