Waterfalls

LP IRR

13.1%

annualized

LP Multiple

1.85×

$925K

LP Take

92.5%

of gross proceeds

GP Take

7.5%

incl. fees

Fee Drag

7.5%

$75K

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 · 92.5%$925K

Fees · 7.5%

Limited PartnersFees to ManagerGP Promote

Cascade · Distributions

$1M

LP $925K · Fees $75K · GP $0

LPFeesGPhover a tier for the formula · click to pin

Tier-by-tier trace

Same numbers, tabular. Click to expand.

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Distributions

Return of Capital

Limited Partners

$500K

Residual Split (100% / 0%)

Limited Partners

$425K

Residual Split (100% / 0%)

General Partner