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Running the numbers on
MHPI V, LLC· MHP Management, LLC
Back to fund
LP IRR
-5.7%
annualized
LP Multiple
0.74×
$373K
LP Take
74.5%
of gross proceeds
GP Take
25.5%
incl. fees
Fee Drag
25.5%
$128K
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 · 74.5%$373K
Fees · 25.5%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$500K
LP $373K · Fees $128K · GP $0
Gross proceeds at exit
$500K
FFees to Manager
$127,500 · 25.5% of gross
taken before the waterfallGP $128K
T1Return of Capital
$372,500 · 74.5% of gross
cap $500K · filled 75%LP $373K
T2Preferred Return (8%)
unreached at this exit · $0 → LP
would fill $200K — raise the exit to watch it fill
T4Residual Split (80% / 20%)
unreached at this exit · $0 → LP/GP
Where it lands · of gross proceeds
LP $373K (74.5%)Fees $128K (25.5%)GP $0 (0.0%)
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T1
Return of Capital
Limited Partners
$373K
Compare