Waterfalls
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Running the numbers on
AF 2018 NPL A LLC·
Back to fund
LP IRRⓘ
1.0%
annualized
LP Multipleⓘ
1.05×
$526K
LP Takeⓘ
52.6%
of gross proceeds
GP Takeⓘ
47.4%
incl. fees
Fee Dragⓘ
47.4%
$474K
Dollar split

Where your dollar goes

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

Total gross proceeds$1,000,000
LP · 52.6%$526K
Fees · 47.4%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$1M
LP $526K · Fees $474K · GP $0
GROSS PROCEEDS$1MGPFFees to Manager$474,175 · 47.4% of grossLPT1Return of Capital$500,000 · 50.0% of grossLPT2Preferred Return (10%)$25,825 · 2.6% of gross$pool fully distributed
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Distributions
T1
Return of Capital
Limited Partners
$500K
T2
Preferred Return (10%)
Limited Partners
$26K
Compare