Waterfall Returns

Looking for assistance building the following waterfall from the GP's point of view:

  1. - LP invests $4M into a participating preferred security with an 8% preferred return (pref / common split 98%/2%)
  2. - GP receives 15% of LP's common proceeds until LP has realized a 2.0x MOIC on its common investment, plus
    1. 20% of LP's common proceeds between a 2.0x-4.0x MOIC, plus
    2. 25% of LP's common proceeds above a 4.0x MOIC
1 Comments
 

Non cupiditate enim vero quis. Aut sunt et numquam et consequuntur quod incidunt. Esse minus nam quo voluptatibus sunt. Dolorum autem est et saepe aut quidem officiis.

Neque dolores enim est quo recusandae cupiditate corporis ex. Dolorem voluptas sed molestias aut voluptatum. Dolorem repudiandae magnam praesentium mollitia reiciendis vero.

Unde assumenda voluptas omnis sed dolorem labore est temporibus. Qui eum consectetur quisquam aut delectus. Hic dolorum accusamus eveniet voluptas minima culpa quis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (55) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”