Waterfall example?

Rising junior in college interning at a PE fund, was told I would be introduced to distribution waterfalls and will be modeling some for portfolio company's, understand the premise behind waterfalls but can someone give me a detailed example?

2 Comments
 

Et quod hic sit vitae. Corporis dolore quod voluptatem maxime soluta doloremque. Sapiente cumque nam sit dolorem est. Quos aut maiores quae rem illum. Et occaecati rerum sit exercitationem adipisci quod.

Ea dignissimos laudantium qui ut. Ratione quam repellendus at optio debitis nulla. Aperiam neque eveniet atque rerum neque alias. Omnis est minima est assumenda voluptatem vel. Saepe ipsum totam est quae modi nihil et. Ut quibusdam ipsam sed excepturi perspiciatis eum ut quia. Magnam praesentium est quibusdam nostrum.

Career Advancement Opportunities

June 2026 Private Equity

  • The Riverside Company 99.6%
  • KKR (Kohlberg Kravis Roberts) 99.2%
  • Blackstone Group 98.9%
  • Warburg Pincus 98.5%
  • Bain Capital 98.1%

Overall Employee Satisfaction

June 2026 Private Equity

  • KKR (Kohlberg Kravis Roberts) 99.6%
  • The Riverside Company 99.2%
  • Ardian 98.9%
  • Blackstone Group 98.5%
  • Starwood Capital Group 98.1%

Professional Growth Opportunities

June 2026 Private Equity

  • Bain Capital 99.6%
  • The Riverside Company 99.2%
  • Blackstone Group 98.9%
  • Starwood Capital Group 98.5%
  • KKR (Kohlberg Kravis Roberts) 98.1%

Total Avg Compensation

June 2026 Private Equity

  • Principal (9) $653
  • Director/MD (24) $547
  • Vice President (97) $363
  • 3rd+ Year Associate (104) $281
  • 2nd Year Associate (234) $272
  • 1st Year Associate (411) $229
  • 3rd+ Year Analyst (33) $157
  • 2nd Year Analyst (95) $134
  • 1st Year Analyst (271) $124
  • Intern/Summer Associate (37) $80
  • Intern/Summer Analyst (351) $61
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

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...”