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Running the numbers on
Back to fund
LP IRR
17.3%
annualized
LP Multiple
2.22×
$1M
LP Take
74.1%
of gross proceeds
GP Take
25.9%
incl. fees
Fee Drag
25.9%
$389K
Dollar split

Where your dollar goes

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

Total gross proceeds$1,500,000
LP · 74.1%$1M
Fees · 25.9%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$2M
LP $1M · Fees $389K · GP $0
GROSS PROCEEDS$2MGPFFees to Manager$388,550 · 25.9% of grossLPT1Return of Capital$500,000 · 33.3% of grossLPT2Preferred Return (75%)$611,450 · 40.8% of gross$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
$611K
Compare