Dollar split
Where your dollar goes
Every dollar of gross proceeds traced through the waterfall at the current exit.
Total gross proceeds$875,000
LP · 88.6%$775K
Fees · 8.6%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$875K
LP $775K · Fees $75K · GP $25K
Gross proceeds at exit
$875K
FFees to Manager
$75,063 · 8.6% of gross
taken before the waterfall→ GP $75K
T1Return of Capital
$500,000 · 57.1% of gross
cap $500K · filled 100%→ LP $500K
T2Preferred Return (8%)
$200,000 · 22.9% of gross
cap $200K · filled 100%→ LP $200K
T4Residual Split (75% / 25%)
$99,938 · 11.4% of gross
uncapped — takes what remains→ LP $75K · → GP $25K
Where it lands · of gross proceeds
LP $775K (88.6%)Fees $75K (8.6%)GP $25K (2.9%)
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier traceSame numbers, tabular. Click to expand.▾
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T1
Return of Capital
Limited Partners
$500K
T2
Preferred Return (8%)
Limited Partners
$200K
T4
Residual Split (75% / 25%)
Limited Partners
$75K
T4
Residual Split (75% / 25%)
General Partner
$25K