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Running the numbers on
Back to fund
LP IRR
10.2%
annualized
LP Multiple
1.63×
$813K
LP Take
81.3%
of gross proceeds
GP Take
18.8%
incl. fees
Fee Drag
18.8%
$188K
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 · 81.3%$813K
Fees · 18.8%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$1M
LP $813K · Fees $188K · GP $0
GROSS PROCEEDS$1MGPFFees to Manager$187,500 · 18.8% of grossLPT1Return of Capital$500,000 · 50.0% of grossLPT2Preferred Return (75%)$312,500 · 31.3% of gross$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 (75%)
Limited Partners
$313K
Compare