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 · 84.3%$738K
Fees · 14.6%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$875K
LP $738K · Fees $128K · GP $10K
Gross proceeds at exit
$875K
FFees to Manager
$127,500 · 14.6% of gross
taken before the waterfall→ GP $128K
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 (80% / 20%)
$47,500 · 5.4% of gross
uncapped — takes what remains→ LP $38K · → GP $10K
Where it lands · of gross proceeds
LP $738K (84.3%)Fees $128K (14.6%)GP $10K (1.1%)
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 (80% / 20%)
Limited Partners
$38K
T4
Residual Split (80% / 20%)
General Partner
$10K