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 · 81.4%$814K
Fees · 7.2%
GP · 5.7%
? · 5.7%
Limited PartnersFees to ManagerGP PromoteUnallocated (extracted waterfall doesn't consume the pool)
Cascade · Distributions
Where each dollar goes
$1M
LP $814K · Fees $73K · GP $57K
Gross proceeds at exit
$1M
FFees to Manager
$72,500 · 7.2% of gross
taken before the waterfall→ GP $73K
T1Return of Capital
$500,000 · 50.0% of gross
cap $500K · filled 100%→ LP $500K
T2Preferred Return (8%)
$200,000 · 20.0% of gross
cap $200K · filled 100%→ LP $200K
T4Residual Split (50% / 25%)
$170,625 · 17.1% of gross
uncapped — takes what remains→ LP $114K · → GP $57K
Where it lands · of gross proceeds
LP $814K (81.4%)Fees $73K (7.2%)GP $57K (5.7%)$57K undistributed
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
$200K
T4
Residual Split (50% / 25%)
Limited Partners
$114K
T4
Residual Split (50% / 25%)
General Partner
$57K