Waterfalls
Default
Score model

Pick how composites are weighted for you. Affects every score across the app.

Sign in to save models →
Sign in
Running the numbers on
Commonwealth Thoroughbreds LLC· Commonwealth Markets Inc.
Back to fund
LP IRRⓘ
-24.2%
annualized
LP Multipleⓘ
0.25×
$125K
LP Takeⓘ
14.3%
of gross proceeds
GP Takeⓘ
85.7%
incl. fees
Fee Dragⓘ
85.7%
$750K
Dollar split

Where your dollar goes

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

Total gross proceeds$875,000
LP · 14.3%$125K
Fees · 85.7%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $125K · Fees $750K · GP $0
GROSS PROCEEDS$875KGPFFees to Manager$750,000 · 85.7% of grossLPT1Return of Capital$125,000 · 14.3% of gross$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
$125K
Compare