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 B Preferred Return (7%) · Operating distributions: first, distribution of accrued, unpaid Class B Preferred Return to Class B Members (7% non-compounding cumulative on Invested Capital)
Class B Units
$35K
T2
Tier 1 Residual - Class B share (70%) · On Class B portion of Invested Capital, before Class B reaches 13% IRR
Class B Units
$53K
T3
Tier 2 Residual after 13% IRR - Class B share (60%) · Upon Class B Member receiving 13% IRR, splits adjust to 60% Class B / 30% Legacy / 10% Class M
Class B Units
$404
T4
Tier 3 Residual after 16% IRR - Class B share (50%) · Upon Class B Member receiving 16% IRR, splits adjust to 50% Class B / 30% Legacy / 20% Class M
Class B Units
$8