These preferred returns are all under the assumption that the LPs are preferred equity structures and the return refers to an IRR. This is a general fund tracking spreadsheet made for investment funds with up to 30 members (expandable) that have varying start and end dates as well as general contribution rates / preferred returns / and hurdles. The template can handle up to a 20 year period for the entire fund and up to 15 years for any single investor. Enjoy one of the most usable and user friendly out-of-the-box trackers I've ever built.
LP = Investor / Limited Partner
GP = Sponsor / General Partner / Operator
Trying to keep track of preferred returns due to investors is tricky. This is especially true if each investor has different start/end dates, return rates, hurdles rates, and/or investment amounts.
High Level Features of this Cash Flow Waterfall Tool:
- Individual investors tracked for up to 15 years
- Fund can last up to 20 years
- Cash flow planner (define when capital is actually deployed, resulting profits, and resulting distributions) The fund cash position will display as a result of:
- Total Contributions (by LP/GP) less cash deployed plus profits earned less cash distributed.
- Up to 30 investors (expandable)
- The compounding period can be chosen as monthly/quarterly/annually
- Resulting IRR of investors
- Dashboard summary selector for each investor
- Consolidated monthly and annual summaries of all investors and GP
- Define Preferred Return
- Define Initial Investment
- Define Percentage Contribution Rate (if less than 100%, there will be GP contributions)
- Define up to 2 hurdle rates beyond the preferred return
- Define how cash is split between the GP/LP up to the preferred return hurdle and thereafter for each subsequent hurdle
- Define Start/End date
- Single tab investor view selector to show any one of the investors contributions/distributions on a monthly and annual basis as well as their IRR
More Joint Venture Cash Flow Waterfall Templates:
- Preferred Return - Multiple GP Catch-up Options
- Hedge Fund Fee Model
- Preferred Return
- Preferred Equity with a Subordinate IRR Hurdle Waterfall
- Preferred Equity (equity multiple hurdle)
- General Cash Flow Waterfall: 3 IRR Hurdles
- General Cash Flow Waterfall: 3 IRR Hurdles and GP Catch-up Provision
- Preferred Return - Simple Interest / Multiple Hurdles / Non-Compounding
- Cumulative Distributions
- Mixed-Use Real Estate
- Multi-family Real Estate Acquisition
- Joint Venture Model - IRR Hurdles / Waterfall
- Self Storage: Multi-Fund