Waterfalls

LP IRR

13.6%

annualized

LP Multiple

1.89×

$945K

LP Take

94.5%

of gross proceeds

GP Take

5.5%

incl. fees

Fee Drag

5.5%

$55K

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 · 94.5%$945K

Fees · 5.5%

Limited PartnersFees to ManagerGP Promote

Cascade · Distributions

$1M

LP $945K · Fees $55K · GP $0

LPFeesGPhover a tier for the formula · click to pin

Tier-by-tier trace

Same numbers, tabular. Click to expand.

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Distributions

Return of Capital

Limited Partners

$500K

Preferred Return (5%)

Limited Partners

$125K

Residual Split (100% / 0%)

Limited Partners

$320K

Residual Split (100% / 0%)

General Partner