Dollar split
Where your dollar goes
Every dollar of gross proceeds traced through the waterfall at the current exit.
Total gross proceeds$500,000
LP · 88.0%$440K
Fees · 12.0%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$500K
LP $440K · Fees $60K · GP $0
Gross proceeds at exit
$500K
FFees to Manager
$60,000 · 12.0% of gross
taken before the waterfall→ GP $60K
T1Return of Capital
$440,000 · 88.0% of gross
cap $500K · filled 88%→ LP $440K
T2Preferred Return (8%)
unreached at this exit · $0 → LP
would fill $200K — raise the exit to watch it fill
T4Residual Split (80% / 20%)
unreached at this exit · $0 → LP/GP
Where it lands · of gross proceeds
LP $440K (88.0%)Fees $60K (12.0%)GP $0 (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
T1
Return of Capital
Limited Partners
$440K