Dollar split
Where your dollar goes
Every dollar of gross proceeds traced through the waterfall at the current exit.
Total gross proceeds$750,000
LP · 90.0%$675K
Fees · 10.0%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$750K
LP $675K · Fees $75K · GP $0
Gross proceeds at exit
$750K
FFees to Manager
$75,000 · 10.0% of gross
taken before the waterfall→ GP $75K
T1Return of Capital
$500,000 · 66.7% of gross
cap $500K · filled 100%→ LP $500K
T2Preferred Return (10%)
$175,000 · 23.3% of gross
cap $250K · filled 70%→ LP $175K
T4Residual Split (50% / 50%)
unreached at this exit · $0 → LP/GP
Where it lands · of gross proceeds
LP $675K (90.0%)Fees $75K (10.0%)GP $0 (0.0%)
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
$175K