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Running the numbers on
Back to fund
LP IRR
21.0%
annualized
LP Multiple
2.60×
$1M
LP Take
86.5%
of gross proceeds
GP Take
13.5%
incl. fees
Fee Drag
13.5%
$203K
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 · 86.5%$1M
Fees · 13.5%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$2M
LP $1M · Fees $203K · GP $0
GROSS PROCEEDS$2MGPFFees to Manager$202,500 · 13.5% of grossLPT1Return of Capital$500,000 · 33.3% of grossLPT2Preferred Return (75%)$797,500 · 53.2% of gross$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
$798K
Compare