Waterfalls
Default
Score model

Pick how composites are weighted for you. Affects every score across the app.

Sign in to save models →
Sign in
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ⓘ
15.8%
annualized
LP Multipleⓘ
2.08×
$1M
LP Takeⓘ
69.5%
of gross proceeds
GP Takeⓘ
30.5%
incl. fees
Fee Dragⓘ
11.0%
$165K
Dollar split

Where your dollar goes

Every dollar of gross proceeds traced through the waterfall at the current exit.

Total gross proceeds$1,500,000
LP · 69.5%$1M
Fees · 11.0%
GP · 19.5%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$2M
LP $1M · Fees $165K · GP $293K
GROSS PROCEEDS$2MGPFFees to Manager$165,000 · 11.0% of grossLPT1Return of Capital$500,000 · 33.3% of grossLPT2Preferred Return (10%)$250,000 · 16.7% of grossLPLPT4Residual Split (50% / 50%) · 39.0%Limited Partners · $293KGeneral Partner · $293K$pool fully distributed
LPFeesGPhover a tier for the formula · click to pin
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
$293K
T4
Residual Split (50% / 50%)
General Partner
$293K
Compare