Cascade · Distributions
Where each dollar goes
$875K
LP $668K · Fees $208K · GP $0
Standard scenario · $500K equity · 5y hold · 1.75× exitRun your own cascade →
Class structure · 3 classes
How MHPI IV, LLC divides the cap table
The cascade above models the blended LP view. Click a class below to view per-class economics.
Class A
Manager“Elevation IV A, LLC, a Florida limited liability company, will hold one hundred percent (100%) of the Company's Class A Interests”— PPM p. 8
Class B
LPMin · $250K“Each investor in Class B Interests... must invest at least Two Hundred Fifty Thousand ($250,000) in the Class B Interests”— PPM p. 8
Class C
LPMin · $50K“Each investor in Class C Interests... must invest at least Fifty Thousand ($50,000) Dollars in the Class C Interests”— PPM p. 8
Fee scheduletaken before LP distributions
Total load 21.50%Fee
Trigger
Basis
Rate
Guaranty Fee
When Member or Affiliate guarantees Company obligations
Total Guaranteed Obligations
2.50%
Referral/Marketing Fee
Upon investor admission via referral
Capital Contributions of referred Member
8.00%
Service providers3 gaps
Legal Counsel
Not disclosed
No independent counsel named for investors. Common in small syndications where Manager and Fund share counsel — reduces independence. Verify during diligence.
Auditor
Not disclosed
Audit intent not stated in PPM. Ask the sponsor: will the fund be audited, by whom, and on what frequency?
Fund Administrator
Not disclosed
No third-party fund administrator referenced. Manager likely handles admin internally — common for <$10M raises but reduces independence.
Placement Agent
No placement agent engaged
No placement agent engaged. Direct placement by Manager — no placement fees eat your invested capital.
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