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Running the numbers on
Back to fund
LP IRR
10.6%
annualized
LP Multiple
1.66×
$828K
LP Take
94.6%
of gross proceeds
GP Take
5.4%
incl. fees
Fee Drag
5.4%
$48K
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 · 94.6%$828K
Fees · 5.4%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $828K · Fees $48K · GP $0
GROSS PROCEEDS$875KGPFFees to Manager$47,500 · 5.4% of grossLPT1Return of Capital$500,000 · 57.1% of grossLPT2Preferred Return (50%)$327,500 · 37.4% of gross$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 (50%)
Limited Partners
$328K
Compare