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 · 90.7%$680K
Fees · 9.3%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$750K
LP $680K · Fees $70K · GP $0
Gross proceeds at exit
$750K
FFees to Manager
$70,000 · 9.3% of gross
taken before the waterfall→ GP $70K
T1Return of Capital
$500,000 · 66.7% of gross
cap $500K · filled 100%→ LP $500K
T2Preferred Return (8%)
$180,000 · 24.0% of gross
cap $200K · filled 90%→ LP $180K
T4Residual Split (50% / 25%)
unreached at this exit · $0 → LP/GP
Where it lands · of gross proceeds
LP $680K (90.7%)Fees $70K (9.3%)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 (8%)
Limited Partners
$180K