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 · 94.3%$825K
Fees · 5.0%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$875K
LP $825K · Fees $44K · GP $6K
Gross proceeds at exit
$875K
FFees to Manager
$43,750 · 5.0% of gross
taken before the waterfall→ GP $44K
T1Class B Preferred Return (Operating) · From Class B Net Operating Proceeds; pro rata to Class B Members in proportion to Unpaid Preferred Return balances until reduced to zero
$87,500 · 10.0% of gross
uncapped — takes what remains→ B $88K
T2Residual Operating Split — Class B share · Thereafter from Class B Net Operating Proceeds, pro rata in proportion to Class B Percentage Interests
$579,375 · 66.2% of gross
uncapped — takes what remains→ B $579K
Where it lands · of gross proceeds
LP $825K (94.3%)Fees $44K (5.0%)GP $6K (0.7%)
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier traceSame numbers, tabular. Click to expand.▾
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T1
Class B Preferred Return (Operating) · From Class B Net Operating Proceeds; pro rata to Class B Members in proportion to Unpaid Preferred Return balances until reduced to zero
Class B Units
$88K
T2
Residual Operating Split — Class B share · Thereafter from Class B Net Operating Proceeds, pro rata in proportion to Class B Percentage Interests
Class B Units
$579K