Waterfalls
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Running the numbers on
DeRosa Growth Fund LLC· DeRosa Group
Back to fund
Legacy Class B Units IRRⓘ
-21.9%
annualized, this class
Legacy Class B Units Multipleⓘ
0.29×
$29K
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 20% shared among Legacy A/B/C
$28,454 · 3.3% of gross
uncapped — takes what remains→ B $24K · → B $5K
T3Tier 2 Residual after 14% IRR - Legacy share (30%) · After Class A reaches 14% IRR; Legacy 30% shared among Legacy A/B/C
$539 · 0.1% of gross
uncapped — takes what remains→ B $458 · → B $81
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
$14 · 0.0% of gross
uncapped — takes what remains→ B $12 · → B $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 20% shared among Legacy A/B/C
Legacy Class B Units
$24K
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
Legacy Class B Units
$5K
T3
Tier 2 Residual after 14% IRR - Legacy share (30%) · After Class A reaches 14% IRR; Legacy 30% shared among Legacy A/B/C
Legacy Class B Units
$458
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 B Units
$81
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 B Units
$12
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 B Units
$2
Compare