Limited Partners (LPs) in venture capital (VC) must make long-term commitments, typically lasting 7-12 years, before realizing liquidity. Effective exit strategies are crucial for optimizing fund returns and ensuring capital recycling. LPs can exit through natural liquidity events, secondary market sales, or GP-led solutions, each with distinct advantages and considerations. Market conditions, fund performance, and GP reputation influence exit decisions. Diversification and early exit planning are essential for managing risk. Secondary transactions offer early liquidity but often at a discount, while GP-led solutions require careful evaluation. Ultimately, LPs should proactively assess exit routes for better liquidity management.