Waterfalls

Fund universe

Fund · Sponsor

Asset class

Strategy

Vintage

Composite

RUNNING THE NUMBERS ON

LP IRR

-6.9%

annualized

LP Multiple

0.70×

$350K

LP Take

70.0%

of gross proceeds

GP Take

30.0%

incl. fees

Fee Drag

30.0%

$150K

Dollar split

Where your dollar goes

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

Total gross proceeds$500,000

LP · 70.0%$350K

Fees · 30.0%

Limited PartnersFees to ManagerGP Promote

Cascade · Distributions

$500K

LP $350K · Fees $150K · GP $0

LPFeesGPhover a tier for the formula · click to pin

Tier-by-tier trace

Same numbers, tabular. Click to expand.

▾

Distributions

Return of Capital

Limited Partners

$350K