ADUSA

GP Catch-up Calculator

When negotiating LPA terms with Abu Dhabi allocators, the mechanics of the GP catch-up phase are highly scrutinized. This tool compares a 100% catch-up vs a slower 80/20 catch-up.

Catch-up Assumptions

LP Preferred Return ($M)

Target Carry %

Available Cash for Catch-up ($M)

Cash remaining after return of capital and LP pref.

GP Distributions ($M)

100% Catch-up (GP favorable)

80/20 Catch-up (LP favorable)

JavaScript Required: A 100% catch-up directs all cash to the GP until they reach their 20% profit share. An 80/20 catch-up directs 80% to GP and 20% to LP, slowing the GP's realization of carry.