Waterfalls

LP IRR

10.8%

annualized

LP Multiple

1.67×

$833K

LP Take

55.6%

of gross proceeds

GP Take

44.4%

incl. fees

Fee Drag

6.9%

$104K

Dollar split

Where your dollar goes

Every dollar of gross proceeds traced through the waterfall at the current exit.

Total gross proceeds$1,500,000

LP · 55.6%$833K

Fees · 6.9%

GP · 37.5%

Limited PartnersFees to ManagerGP Promote

Cascade · All Distributions

Where each dollar goes

$2M

LP $833K · Fees $104K · GP $563K

LPFeesGPhover a tier for the formula · click to pin

Tier-by-tier trace

Same numbers, tabular. Click to expand.

▾

All Distributions

Class A pref (9%)

Class A

$113K

Class B pref (7%)

Class B

$88K

Pre-Hurdle

70% Class B / 30% Class C

Class B

$123K

70% Class B / 30% Class C

Class C (Mgr)

$53K

Post-13%-IRR

50/50 Class B / Class C

Class B

$510K

50/50 Class B / Class C

Class C (Mgr)

$510K

⇅ Compare