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 · 86.9%$760K
Fees · 6.3%
GP · 6.9%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$875K
LP $760K · Fees $55K · GP $60K
Gross proceeds at exit
$875K
FFees to Manager
$55,000 · 6.3% of gross
taken before the waterfall→ GP $55K
T1Return of Capital
$500,000 · 57.1% of gross
cap $500K · filled 100%→ LP $500K
T2Preferred Return (8%)
$200,000 · 22.9% of gross
cap $200K · filled 100%→ LP $200K
T4Residual Split (50% / 50%)
$120,000 · 13.7% of gross
uncapped — takes what remains→ LP $60K · → GP $60K
Where it lands · of gross proceeds
LP $760K (86.9%)Fees $55K (6.3%)GP $60K (6.9%)
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% / 50%)
Limited Partners
$60K
T4
Residual Split (50% / 50%)
General Partner
$60K