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Running the numbers on
Back to fund
LP IRR
9.3%
annualized
LP Multiple
1.56×
$781K
LP Take
89.3%
of gross proceeds
GP Take
10.7%
incl. fees
Fee Drag
10.7%
$94K
Dollar split

Where your dollar goes

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

Total gross proceeds$875,000
LP · 89.3%$781K
Fees · 10.7%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $781K · Fees $94K · GP $0
GROSS PROCEEDS$875KGPFFees to Manager$93,750 · 10.7% of grossLPT1Return of Capital$500,000 · 57.1% of grossLPT2Preferred Return (70%)$281,250 · 32.1% of gross$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 (70%)
Limited Partners
$281K
Compare