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
T2Residual split — GP/Manager promote 50% (Operating Cash Flow)
$56,162 · 6.4% of gross
uncapped — takes what remains→ C $56K
T4Residual 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
$3,949 · 0.5% of gross
uncapped — takes what remains→ C $4K
T5Refinancing Proceeds — Manager/Class C share
$501 · 0.1% of gross
uncapped — takes what remains→ C $501
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 traceSame numbers, tabular. Click to expand.▾
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T2
Residual split — GP/Manager promote 50% (Operating Cash Flow)
Class C
$56K
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
$4K
T5
Refinancing Proceeds — Manager/Class C share
Class C
$501