Waterfalls

Class C IRRⓘ

0.0%

annualized, this class

Class C Multipleⓘ

0.00×

$78K

LP Takeⓘ

84.9%

of gross, fund-level

GP Takeⓘ

15.1%

incl. fees, fund-level

Fee Dragⓘ

6.3%

$55K

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 · 84.9%$743K

Fees · 6.3%

GP · 8.9%

Limited PartnersFees to ManagerGP Promote

Cascade · Distributions

$875K

LP $743K · Fees $55K · GP $78K

Gross proceeds at exit

$875K

FFees to Manager

$55,000 · 6.3% of gross

taken before the waterfall→ GP $55K

T250% Residual to Class C / Manager (NOCF) · After Preferred Returns paid; Class C Member receives 50% (Net Operating Cash Flow)

$77,500 · 8.9% of gross

uncapped — takes what remains→ C $78K

Where it lands · of gross proceeds

LP $743K (84.9%)Fees $55K (6.3%)GP $78K (8.9%)

LPFeesGPhover a tier for the formula · click to pin

Tier-by-tier trace

Same numbers, tabular. Click to expand.

▾

Distributions

50% Residual to Class C / Manager (NOCF) · After Preferred Returns paid; Class C Member receives 50% (Net Operating Cash Flow)

Class C

$78K