Dollar split
Where your dollar goes
Every dollar of gross proceeds traced through the waterfall at the current exit.
Total gross proceeds$750,000
LP · 94.1%$706K
Fees · 5.8%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions
Where each dollar goes
$750K
LP $706K · Fees $44K · GP $625
Gross proceeds at exit
$750K
FFees to Manager
$43,750 · 5.8% of gross
taken before the waterfall→ GP $44K
T1Return of Capital
$500,000 · 66.7% of gross
cap $500K · filled 100%→ LP $500K
T2Preferred Return (8%)
$200,000 · 26.7% of gross
cap $200K · filled 100%→ LP $200K
T4Residual Split (90% / 10%)
$6,250 · 0.8% of gross
uncapped — takes what remains→ LP $6K · → GP $625
Where it lands · of gross proceeds
LP $706K (94.1%)Fees $44K (5.8%)GP $625 (0.1%)
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
Return of Capital
Limited Partners
$500K
T2
Preferred Return (8%)
Limited Partners
$200K
T4
Residual Split (90% / 10%)
Limited Partners
$6K
T4
Residual Split (90% / 10%)
General Partner
$625