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Running the numbers on
Rock Fund VII-A, LLC· TwinRock Partners
Back to fund
LP IRR
20.0%
annualized
LP Multiple
2.49×
$1M
LP Take
82.9%
of gross proceeds
GP Take
17.1%
incl. fees
Fee Drag
2.6%
$39K
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 · 82.9%$1M
GP · 14.5%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$2M
LP $1M · Fees $39K · GP $218K
GROSS PROCEEDS$2MGPFFees to Manager$38,750 · 2.6% of grossLPT1Return of Capital$500,000 · 33.3% of grossLPT2Preferred Return (8%)$234,664 · 15.6% of grossLPGPT4Residual Split (70% / 30%) · 48.4%Limited Partners · $509KGeneral Partner · $218K$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 (8%)
Limited Partners
$235K
T4
Residual Split (70% / 30%)
Limited Partners
$509K
T4
Residual Split (70% / 30%)
General Partner
$218K
Compare