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Running the numbers on
Back to fund
LP IRR
13.5%
annualized
LP Multiple
1.88×
$940K
LP Take
62.7%
of gross proceeds
GP Take
37.3%
incl. fees
Fee Drag
37.3%
$560K
Dollar split

Where your dollar goes

Every dollar of gross proceeds traced through the waterfall at the current exit.

Total gross proceeds$1,500,000
LP · 62.7%$940K
Fees · 37.3%
Limited PartnersFees to ManagerGP Promote
Cascade · Distributions

Where each dollar goes

$2M
LP $940K · Fees $560K · GP $0
GROSS PROCEEDS$2MGPFFees to Manager$560,000 · 37.3% of grossLPT1Return of Capital$500,000 · 33.3% of grossLPT2Preferred Return (100%)$440,000 · 29.3% of gross$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 (100%)
Limited Partners
$440K
Compare