Waterfalls

Class D Units IRRⓘ

0.0%

annualized, this class

Class D Units Multipleⓘ

0.00×

$6K

LP Takeⓘ

94.3%

of gross, fund-level

GP Takeⓘ

5.7%

incl. fees, fund-level

Fee Dragⓘ

5.0%

$44K

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

$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

T2Class D Promote on Class B Operating Residual · Thereafter from Class B Net Operating Proceeds after Class B pref is paid

$6,438 · 0.7% of gross

uncapped — takes what remains→ D $6K

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 trace

Same numbers, tabular. Click to expand.

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Distributions

Class D Promote on Class B Operating Residual · Thereafter from Class B Net Operating Proceeds after Class B pref is paid

Class D Units

$6K