Calculates the distribution waterfall in a business finance fund from total proceeds, showing LP return of capital, preferred, catch-up, and carried interest allocation. The distribution waterfall is the contractual priority of how proceeds flow — the order (return of capital → preferred → catch-up → carry split) determines the economic outcome for each party.
Inputs
Proceeds
Reference formula or conversion factor shown for context.
Invested
Reference formula or conversion factor shown for context.
Hurdle
Reference formula or conversion factor shown for context.
Carry
Reference formula or conversion factor shown for context.
Results
LP total return
The combined total across all inputs and components.
MOIC (multiple on invested capital) -- total value returned divided by capital invested, without adjusting for time. A 3x MOIC means every dollar returned $3.