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 C Preferred Return (Operating) · From Class C Net Operating Proceeds; pro rata to Class C Members in proportion to Unpaid Preferred Return balances until reduced to zero
$100,000 · 11.4% of gross
uncapped — takes what remains→ C $100K
T2Residual Operating to Class C (no promote) · Thereafter from Class C Net Operating Proceeds, pro rata in proportion to Class C Percentage Interests
$57,938 · 6.6% of gross
uncapped — takes what remains→ C $58K
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 C Preferred Return (Operating) · From Class C Net Operating Proceeds; pro rata to Class C Members in proportion to Unpaid Preferred Return balances until reduced to zero
Class C Units
$100K
T2
Residual Operating to Class C (no promote) · Thereafter from Class C Net Operating Proceeds, pro rata in proportion to Class C Percentage Interests
Class C Units
$58K