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Running the numbers on
MHPI V, LLC· MHP Management, LLC
Back to fund
LP IRR
4.5%
annualized
LP Multiple
1.25×
$623K
LP Take
83.0%
of gross proceeds
GP Take
17.0%
incl. fees
Fee Drag
17.0%
$128K
Dollar split

Where your dollar goes

Every dollar of gross proceeds traced through the waterfall at the current exit.

Total gross proceeds$750,000
LP · 83.0%$623K
Fees · 17.0%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$750K
LP $623K · Fees $128K · GP $0
Gross proceeds at exit
$750K
FFees to Manager
$127,500 · 17.0% of gross
taken before the waterfallGP $128K
T1Return of Capital
$500,000 · 66.7% of gross
cap $500K · filled 100%LP $500K
T2Preferred Return (8%)
$122,500 · 16.3% of gross
cap $200K · filled 61%LP $123K
T4Residual Split (80% / 20%)
unreached at this exit · $0 → LP/GP
Where it lands · of gross proceeds
LP $623K (83.0%)Fees $128K (17.0%)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
$500K
T2
Preferred Return (8%)
Limited Partners
$123K
Compare