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Running the numbers on
Terra Fixed Income Trust, Inc.· Terra Capital Partners
Back to fund
LP IRR
10.4%
annualized
LP Multiple
1.64×
$819K
LP Take
93.6%
of gross proceeds
GP Take
6.4%
incl. fees
Fee Drag
6.4%
$56K
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 · 93.6%$819K
Fees · 6.4%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$875K
LP $819K · Fees $56K · GP $0
GROSS PROCEEDS$875KGPFFees to Manager$56,250 · 6.4% of grossT1Common Stockholders receive distribu…$818,750 · 93.6% of gross$pool fully distributed
LPFeesGPhover a tier for the formula · click to pin
Tier-by-tier trace
Same numbers, tabular. Click to expand.
Distributions
T1
Common Stockholders receive distributions until cumulative Distributions equal Invested Capital (return of capital) plus Stockholders' 8% Return (8% cumulative non-compounded annual return on Invested Capital) · Prior to any Triggering Event; Convertible Shares receive no distributions
Common Shares
$819K
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