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 · 79.3%$693K
Fees · 17.4%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$875K
LP $693K · Fees $153K · GP $29K
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
T2
Share of 50% allocated to Class A/B group pro rata by Membership Interest (NOCF) · Class A/B share 50% as a group, pro rata
Class B Units
$45K
T4
Backend split from Net Capital Event Proceeds (base 50%/group, with Early Adopter step-ups) · Same as Class A; pro rata within A/B group
Class B Units
$397
T5
Refinancing Proceeds: 70% to Class A/B group pro rata · Subject to Manager discretion
Class B Units
$23