Waterfalls
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Running the numbers on
Golden Garages, LLC· Nectar Garages Manager, LLC (Ben Lapidus & Gerrit Van Maanen)
Back to fund
LP IRRⓘ
9.0%
annualized
LP Multipleⓘ
1.54×
$771K
LP Takeⓘ
88.1%
of gross proceeds
GP Takeⓘ
11.9%
incl. fees
Fee Dragⓘ
11.9%
$104K
Dollar split

Where your dollar goes

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

Total gross proceeds$875,000
LP · 88.1%$771K
Fees · 11.9%
Limited PartnersFees to ManagerGP Promote
Cascade · Class A-1 Pool

Where each dollar goes

$875K
LP $771K · Fees $104K · GP $0
GROSS PROCEEDS$875KGPFFees to Manager$104,375 · 11.9% of grossA-1T1Return of Capital$250,000 · 28.6% of grossA-1T2Pref (10% IRR)$135,313 · 15.5% of gross$pool fully distributed
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Class A-1 Pool
T1
Return of Capital
Class A-1
$250K
T2
Pref (10% IRR)
Class A-1
$135K
Class A-2 Pool
T1
Return of Capital
Class A-2
$250K
T2
Pref (12% IRR)
Class A-2
$135K
Compare