Waterfalls
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Running the numbers on
LK Secured Lending Reg A Fund, LLC· LK Advisors, Inc.
Back to fund
LP IRRⓘ
13.9%
annualized
LP Multipleⓘ
1.92×
$958K
LP Takeⓘ
95.8%
of gross proceeds
GP Takeⓘ
4.3%
incl. fees
Fee Dragⓘ
4.3%
$43K
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 · 95.8%$958K
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$1M
LP $958K · Fees $43K · GP $0
GROSS PROCEEDS$1MGPFFees to Manager$42,500 · 4.3% of grossLPT1Return of Capital$500,000 · 50.0% of grossLPT2Preferred Return (7%)$175,000 · 17.5% of grossLPGPT4Residual Split (100% / 0%) · 28.2%Limited Partners · $283KGeneral Partner · $0$pool fully distributed
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
▾
Distributions
T1
Return of Capital
Limited Partners
$500K
T2
Preferred Return (7%)
Limited Partners
$175K
T4
Residual Split (100% / 0%)
Limited Partners
$283K
T4
Residual Split (100% / 0%)
General Partner
$0
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