Objective

Calculate multi-tier investor distributions with preferred returns, catch-up clauses, and promote splits for syndicated deals.

Prerequisites

• •Investor and Cap Table entries configured under Investors → Cap Table
• •Waterfall Structure defined (tiers, preferred returns, promotes)
• •Distributable cash flow calculated for the period

Step-by-Step Instructions

1. 1

   Navigate to Waterfall from the left sidebar.

2. 2

   Select your Property or Legal Entity.

3. 3

   Enter the Total Distributable Cash for the period.

4. 4

   Valix calculates each tier in sequence:

   • —Tier 1 — Return of Capital: Pays back contributed capital to LPs.
   • —Tier 2 — Preferred Return: Pays the preferred rate (e.g. 8% IRR) to LPs.
   • —Tier 3 — Catch-Up: GP receives their share until the promote ratio is met.
   • —Tier 4 — Promote Split: Remaining cash splits between LP and GP per the promote (e.g. 80/20, 70/30).
5. 5

   Review the distribution breakdown per investor.

6. 6

   Click Post Distributions to create Investor Distribution records and GL entries.

Troubleshooting Tips