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Running the numbers on
DeRosa Growth Fund LLC· DeRosa Group
Back to fund
Legacy Class A Units IRRⓘ
-17.0%
annualized, this class
Legacy Class A Units Multipleⓘ
0.39×
$39K
LP Takeⓘ
93.1%
of gross, fund-level
GP Takeⓘ
6.9%
incl. fees, fund-level
Fee Dragⓘ
6.9%
$60K
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
T2Tier 1 Residual - Legacy share on Class A portion (20%) · On Class A portion of Invested Capital, before Class A reaches 14% IRR; Legacy share of 20% allocated among Legacy A/B/C per their Unrecovered Capital Contribution priorities
$36,420 · 4.2% of gross
uncapped — takes what remains→ A $30K · → A $7K
T3Tier 2 Residual after Class B 13% IRR - Legacy share (30%) · After Class B reaches 13% IRR; Legacy 30% shared among Legacy A/B/C
$2,994 · 0.3% of gross
uncapped — takes what remains→ A $2K · → A $655
T4Tier 3 Residual after Class A 17% IRR - Legacy share (30%) · After Class A reaches 17% IRR; Legacy 30% shared among Legacy A/B/C
$20 · 0.0% of gross
uncapped — takes what remains→ A $18 · → A $2
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 trace
Same numbers, tabular. Click to expand.
▾
Distributions
T2
Tier 1 Residual - Legacy share on Class A portion (20%) · On Class A portion of Invested Capital, before Class A reaches 14% IRR; Legacy share of 20% allocated among Legacy A/B/C per their Unrecovered Capital Contribution priorities
Legacy Class A Units
$30K
T2
Tier 1 Residual - Legacy share on Class B portion (30%) · On Class B portion of Invested Capital; Legacy 30% shared among Legacy A/B/C per priorities
Legacy Class A Units
$7K
T3
Tier 2 Residual after Class B 13% IRR - Legacy share (30%) · After Class B reaches 13% IRR; Legacy 30% shared among Legacy A/B/C
Legacy Class A Units
$2K
T3
Tier 2 Residual after 14% IRR - Legacy share (30%) · After Class A reaches 14% IRR; Legacy 30% shared among Legacy A/B/C per priority
Legacy Class A Units
$655
T4
Tier 3 Residual after Class A 17% IRR - Legacy share (30%) · After Class A reaches 17% IRR; Legacy 30% shared among Legacy A/B/C
Legacy Class A Units
$18
T4
Tier 3 Residual after Class B 16% IRR - Legacy share (30%) · After Class B reaches 16% IRR; Legacy 30% shared among Legacy A/B/C
Legacy Class A Units
$2
Compare