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Running the numbers on
Back to fund
LP IRR
12.8%
annualized
LP Multiple
1.83×
$914K
LP Take
91.4%
of gross proceeds
GP Take
8.6%
incl. fees
Fee Drag
8.6%
$86K
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 · 91.4%$914K
Fees · 8.6%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$1M
LP $914K · Fees $86K · GP $0
GROSS PROCEEDS$1MGPFFees to Manager$86,250 · 8.6% of grossLPT1Return of Capital$500,000 · 50.0% of grossLPT2Preferred Return (75%)$413,750 · 41.4% of gross$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
$414K
Compare