Dollar split
Where your dollar goes
Every dollar of gross proceeds traced through the waterfall at the current exit.
Total gross proceeds$500,000
LP · 89.8%$449K
Fees · 10.3%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$500K
LP $449K · Fees $51K · GP $0
Gross proceeds at exit
$500K
FFees to Manager
$51,250 · 10.3% of gross
taken before the waterfall→ GP $51K
T1Return of Capital
$448,750 · 89.8% of gross
cap $500K · filled 90%→ LP $449K
T2Preferred Return (8%)
unreached at this exit · $0 → LP
would fill $200K — raise the exit to watch it fill
T4Residual Split (50% / 50%)
unreached at this exit · $0 → LP/GP
Where it lands · of gross proceeds
LP $449K (89.8%)Fees $51K (10.3%)GP $0 (0.0%)
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
$449K