Waterfall Returns Distribution in an LBO Model

What is a Waterfall Returns Schedule CONCEPT: In a leveraged buyout or any deal where an investment firm acquires another company, they ll often own close to 100 of By Financial Modeling Training And Career Resources For Aspiring Investment Bankers Table of Contents: 1:04: Example of Management Promotes, Waterfall Returns 3:29: Rationale for Management Promotes and Giving Away Ownership 4:25: StepbyStep Modeling Process for Waterfall Returns 6:35: Excel