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
Gross proceeds at exit
$875K
FFees to Manager
$60,000 · 6.9% of gross
taken before the waterfall→ GP $60K
T3Tier 2 Promote after Class A 14% IRR (10%) · After Class A reaches 14% IRR, Class M earns 10% promote on Class A portion
$88 · 0.0% of gross
uncapped — takes what remains→ M $75 · → M $13
T4Tier 3 Promote after Class A 17% IRR (20%) · After Class A reaches 17% IRR, Class M earns 20% promote on Class A portion
$5 · 0.0% of gross
uncapped — takes what remains→ M $4 · → M $1
Where it lands · of gross proceeds
LP $815K (93.1%)Fees $60K (6.9%)GP $93 (0.0%)
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
T3
Tier 2 Promote after Class A 14% IRR (10%) · After Class A reaches 14% IRR, Class M earns 10% promote on Class A portion
Class M Units
$75
T3
Tier 2 Promote after Class B 13% IRR (10%) · After Class B reaches 13% IRR, Class M earns 10% promote on Class B portion
Class M Units
$13
T4
Tier 3 Promote after Class A 17% IRR (20%) · After Class A reaches 17% IRR, Class M earns 20% promote on Class A portion
Class M Units
$4
T4
Tier 3 Promote after Class B 16% IRR (20%) · After Class B reaches 16% IRR, Class M earns 20% promote on Class B portion
Class M Units
$1