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 · 93.1%$815K
Fees · 6.9%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$875K
LP $815K · Fees $60K · GP $93
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier traceSame numbers, tabular. Click to expand.▾
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T1
Class A Preferred Return (8%) · Operating distributions: first, distribution of accrued, unpaid Class A Preferred Return to Class A Members (8% non-compounding cumulative on Invested Capital)
Class A Units
$40K
T2
Tier 1 Residual - Class A share (80%) · On Class A portion of Invested Capital, before Class A reaches 14% IRR
Class A Units
$592K
T3
Tier 2 Residual after 14% IRR - Class A share (60%) · Upon Class A Member receiving 14% IRR on relevant investment, splits adjust to 60% Class A / 30% Legacy / 10% Class M
Class A Units
$3K
T4
Tier 3 Residual after 17% IRR - Class A share (50%) · Upon Class A Member receiving 17% IRR, splits adjust to 50% Class A / 30% Legacy / 20% Class M
Class A Units
$59