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 · 88.5%$774K
Fees · 8.7%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$875K
LP $774K · Fees $76K · GP $24K
Gross proceeds at exit
$875K
FFees to Manager
$76,250 · 8.7% of gross
taken before the waterfall→ GP $76K
T1Return of Capital
$500,000 · 57.1% of gross
cap $500K · filled 100%→ LP $500K
T2Preferred Return (10%)
$250,000 · 28.6% of gross
cap $250K · filled 100%→ LP $250K
T4Residual Split (50% / 50%)
$48,750 · 5.6% of gross
uncapped — takes what remains→ LP $24K · → GP $24K
Where it lands · of gross proceeds
LP $774K (88.5%)Fees $76K (8.7%)GP $24K (2.8%)
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
$500K
T2
Preferred Return (10%)
Limited Partners
$250K
T4
Residual Split (50% / 50%)
Limited Partners
$24K
T4
Residual Split (50% / 50%)
General Partner
$24K