Waterfalls
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Running the numbers on
Auerbach Opportunity Fund IV, LP· Auerbach Funds / Auerbach GP IV, LLC
Back to fund
LP IRRⓘ
6.8%
annualized
LP Multipleⓘ
1.39×
$695K
LP Takeⓘ
92.7%
of gross proceeds
GP Takeⓘ
7.3%
incl. fees
Fee Dragⓘ
7.3%
$55K
Dollar split

Where your dollar goes

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

Total gross proceeds$750,000
LP · 92.7%$695K
Fees · 7.3%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$750K
LP $695K · Fees $55K · GP $0
GROSS PROCEEDS$750KGPFFees to Manager$55,000 · 7.3% of grossLPT1Return of Capital$500,000 · 66.7% of grossLPT2Preferred Return (10%)$195,000 · 26.0% of gross$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
$195K
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