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 · 87.8%$659K
Fees · 12.2%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$750K
LP $659K · Fees $91K · GP $0
Gross proceeds at exit
$750K
FFees to Manager
$91,250 · 12.2% of gross
taken before the waterfall→ GP $91K
T1Return of Capital
$500,000 · 66.7% of gross
cap $500K · filled 100%→ LP $500K
T2Preferred Return (8%)
$158,750 · 21.2% of gross
cap $200K · filled 79%→ LP $159K
T4Residual Split (50% / 50%)
unreached at this exit · $0 → LP/GP
Where it lands · of gross proceeds
LP $659K (87.8%)Fees $91K (12.2%)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
$500K
T2
Preferred Return (8%)
Limited Partners
$159K