Name: Bridge Lending — Private Fund Structural Benchmarks
Creator: Waterfalls

Question 1

What's the typical preferred return for Bridge Lending funds?

Accepted Answer

The median preferred return across 1 indexed Bridge Lending funds is 8.0%.

Question 2

What share of profits typically goes to LPs in Bridge Lending funds?

Accepted Answer

In a standard 1.75x exit scenario, the median LP take across 1 Bridge Lending funds is 89%. The remainder splits between fees and GP carry.

Question 3

What's the typical GP commit for a Bridge Lending fund?

Accepted Answer

The median GP commit (sponsor's own capital alongside LPs) across 2 Bridge Lending funds is 0.0%. Funds that don't disclose a GP commit are treated as 0% per platform policy.

Question 4

Do Bridge Lending funds typically have a clawback provision?

Accepted Answer

0% of indexed Bridge Lending funds with disclosure include a clawback provision. Clawback ensures the GP returns excess promote if final fund performance falls short of LP-favorable thresholds.

Question 5

How does the typical Bridge Lending fund score on LP-favorability?

Accepted Answer

The median Waterfalls composite LP-favorability score across 2 scored Bridge Lending funds is 45/100. The score blends absolute LP take, GP timing risk, pref quality, fee drag, and alignment.

Bridge Lending

Score · median across 2 scored funds

Structural design — median

Feature prevalence — % of funds where present