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Running the numbers on
Back to fund
LP IRR
14.4%
annualized
LP Multiple
1.96×
$980K
LP Take
65.3%
of gross proceeds
GP Take
34.7%
incl. fees
Fee Drag
26.7%
$400K
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 · 65.3%$980K
Fees · 26.7%
GP · 8.0%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$2M
LP $980K · Fees $400K · GP $120K
GROSS PROCEEDS$2MGPFFees to Manager$400,000 · 26.7% of grossLPT1Return of Capital$500,000 · 33.3% of grossLPGPT4Residual Split (80% / 20%) · 40.0%Limited Partners · $480KGeneral Partner · $120K$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
T3
GP Catch-up (20%)
General Partner
$0
T4
Residual Split (80% / 20%)
Limited Partners
$480K
T4
Residual Split (80% / 20%)
General Partner
$120K
Compare