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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
LP IRRⓘ
6.8%
annualized
LP Multipleⓘ
1.39×
$693K
LP Takeⓘ
79.3%
of gross proceeds
GP Takeⓘ
20.7%
incl. fees
Fee Dragⓘ
17.4%
$153K
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
GROSS PROCEEDS$875KGPFFees to Manager$152,500 · 17.4% of grossCT2Residual split — GP/Manager promote …$6,350 · 0.7% of grossCT4Residual split — Class C promote on …$112 · 0.0% of grossCT5Refinancing Proceeds — Manager/Class…$1 · 0.0% of gross$residual $716K
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Distributions
T2
Residual split — GP/Manager promote 50% (Operating Cash Flow)
Class C
$6K
T4
Residual split — Class C promote on Net Capital Event Proceeds (subject to subordination to pref shortfall and early-adopter giveback) · Subordinated to Class A 10% / Class B 8% pref shortfall at termination
Class C
$112
T5
Refinancing Proceeds — Manager/Class C share
Class C
$1
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