Waterfalls

Fund universe

Fund · Sponsor

Asset class

Strategy

Vintage

Composite

RUNNING THE NUMBERS ON

Golden Garages, LLC· Nectar Garages Manager, LLC (Ben Lapidus & Gerrit Van Maanen)

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LP IRR

5.4%

annualized

LP Multiple

1.30×

$651K

LP Take

86.8%

of gross proceeds

GP Take

13.2%

incl. fees

Fee Drag

13.2%

$99K

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 · 86.8%$651K

Fees · 13.2%

Limited PartnersFees to ManagerGP Promote

Cascade · Class A-1 Pool

Where each dollar goes

$750K

LP $651K · Fees $99K · GP $0

LPFeesGPhover a tier for the formula · click to pin

Tier-by-tier trace

Same numbers, tabular. Click to expand.

▾

Class A-1 Pool

Return of Capital

Class A-1

$250K

Pref (10% IRR)

Class A-1

$76K

Class A-2 Pool

Return of Capital

Class A-2

$250K

Pref (12% IRR)

Class A-2

$76K

⇅ Compare