Carry & Fee Calculator
Model fund economics — management fees over the fund life, carried interest over a preferred return, and the gross-to-net gap LPs actually receive.
Assumptions
Results
Gross proceeds
$500M
Total profit
$300M
Mgmt fees (life)
$40M
Pref hurdle
$231.8M
GP carried interest
$60M
LP net MOIC
2.20x
Simplified European (whole-fund) waterfall with full GP catch-up; assumes capital fully called. Real LPAs vary. Illustration only.