Dollar split
Where your dollar goes
Every dollar of gross proceeds traced through the waterfall at the current exit.
Total gross proceeds$1,000,000
LP · 83.6%$836K
Fees · 7.8%
GP · 8.6%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$1M
LP $836K · Fees $78K · GP $86K
Gross proceeds at exit
$1M
FFees to Manager
$77,500 · 7.8% of gross
taken before the waterfall→ GP $78K
T1Return of Capital
$500,000 · 50.0% of gross
cap $500K · filled 100%→ LP $500K
T2Preferred Return (10%)
$250,000 · 25.0% of gross
cap $250K · filled 100%→ LP $250K
T4Residual Split (50% / 50%)
$172,500 · 17.3% of gross
uncapped — takes what remains→ LP $86K · → GP $86K
Where it lands · of gross proceeds
LP $836K (83.6%)Fees $78K (7.8%)GP $86K (8.6%)
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
$250K
T4
Residual Split (50% / 50%)
Limited Partners
$86K
T4
Residual Split (50% / 50%)
General Partner
$86K