Waterfalls
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Running the numbers on
Elevation Fund 8, LLC· Elevation Events, LLC (d/b/a Elevation Capital Group); Manager: Elevation Fund 8 Manager, LLC
Back to fund
Class B IRRⓘ
0.4%
annualized, this class
Class B Multipleⓘ
1.02×
$255K
LP Takeⓘ
84.2%
of gross, fund-level
GP Takeⓘ
15.6%
incl. fees, fund-level
Fee Dragⓘ
8.7%
$76K
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 · 84.2%$737K
Fees · 8.7%
GP · 6.9%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $737K · Fees $76K · GP $61K
Gross proceeds at exit
$875K
FFees to Manager
$76,250 · 8.7% of gross
taken before the waterfall→ GP $76K
T1Return of Invested Capital Contributions (Operating Cash Flow) · pro rata with Class A based on Invested Capital Contributions until ROC
$199,688 · 22.8% of gross
uncapped — takes what remains→ B $200K
T2Residual split — LP side of 50/50 · Class A & B share 50% pro rata by Membership Interest
$37,441 · 4.3% of gross
uncapped — takes what remains→ B $37K
T3Return of Invested Capital (Net Capital Event Proceeds) · pro rata with Class A
$14,041 · 1.6% of gross
uncapped — takes what remains→ B $14K
T4Residual split — LP side (Net Capital Event Proceeds); enhanced by early-adopter benefit · Class A/B share base 50% pro rata; early-adopter tranche benefits apply
$2,633 · 0.3% of gross
uncapped — takes what remains→ B $3K
T5Refinancing Proceeds — LP side · Class A/B share 70% pro rata by Membership Interest
$898 · 0.1% of gross
uncapped — takes what remains→ B $898
Where it lands · of gross proceeds
LP $737K (84.2%)Fees $76K (8.7%)GP $61K (6.9%)
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Distributions
T1
Return of Invested Capital Contributions (Operating Cash Flow) · pro rata with Class A based on Invested Capital Contributions until ROC
Class B
$200K
T2
Residual split — LP side of 50/50 · Class A & B share 50% pro rata by Membership Interest
Class B
$37K
T3
Return of Invested Capital (Net Capital Event Proceeds) · pro rata with Class A
Class B
$14K
T4
Residual split — LP side (Net Capital Event Proceeds); enhanced by early-adopter benefit · Class A/B share base 50% pro rata; early-adopter tranche benefits apply
Class B
$3K
T5
Refinancing Proceeds — LP side · Class A/B share 70% pro rata by Membership Interest
Class B
$898
Compare