Waterfalls
Default
Score model

Pick how composites are weighted for you. Affects every score across the app.

Sign in to save models →
Sign in
Running the numbers on
Nico Echo Park, Benefit Corp· Nico Asset Management LLC
Back to fund
LP IRRⓘ
10.9%
annualized
LP Multipleⓘ
1.68×
$838K
LP Takeⓘ
83.8%
of gross proceeds
GP Takeⓘ
16.3%
incl. fees
Fee Dragⓘ
16.3%
$163K
Dollar split

Where your dollar goes

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

Total gross proceeds$1,000,000
LP · 83.8%$838K
Fees · 16.3%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$1M
LP $838K · Fees $163K · GP $0
GROSS PROCEEDS$1MGPFFees to Manager$162,500 · 16.3% of grossLPT1Return of Capital$500,000 · 50.0% of grossLPT2Preferred Return (75%)$337,500 · 33.8% of gross$pool fully distributed
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 (75%)
Limited Partners
$338K
Compare