Water Street overview
Stories about Water Street
Water Street hires VP from Avista
Katie Ossman left Avista Capital Partners in September and will work on sourcing new opportunities for Water Street’s $750m Fund III.
Water Street starts spending $750m Fund III
The US firm has acquired a Danish clinical services business, less than a year after it raised its latest fund in just eight weeks.
Water Street raises Fund III in eight weeks
The healthcare investor has held a final closed for its most recent fund on $750m, exceeding its $650m target.
Water Street buys into healthcare distributor
Chicago-based buyout firm Water Street is to acquire medical products distributor MarketLab using capital from its $650m second fund, now more than 50% invested.
Water Street closes second fund on $650m
The fund will give the healthcare-focused private equity firm an estimated $2bn of purchasing power for middle market and divestiture deals, the first of which will be the acquisition of a controlling stake in a portfolio company of Gentiva Health Services for $147m.
Water Street merges medical device manufacturers
Water Street Healthcare Partners has financed the merger of gastroenterology diagnostic device manufacturer Alpine Biomed and the neurological diagnostic device business of Medtronic.
Water Street contact information
Offices
444 West Lake Street Suite 1800, Chicago, 60606, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Ms. Katie Hayes | Job titleChief Financial Officer | LocationChicago, United States | Email  ------- |
| Mr. Jeff Holway | Job titleChief Administrative and Compliance Officer | LocationChicago, United States | Email -------- |
| Mr. Boris Bernstein | Job titleManaging Director, Europe | LocationChicago, United States | Email ----- |
| Mr. Tim Dugan | Job titleManaging Partner | LocationChicago, United States | Email --------- |
Water Street funds managed
Closed funds: 8
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ----- | Close dateMay 2026 | Strategy ------ | |
Fund size ----- | Close dateApr 2022 | Strategy -------- | |
Fund size --------- | Close dateDec 2021 | Strategy ----- | |
Stories that mention Water Street
Adams Street founder to retire at year-end - Exclusive
Kathy Wanner has spent 22 years at the firm and is looking at options in healthcare for her next move.
TPG, Apax and CVC most sought after funds
Permira, PAI, Altor and BC European Partners were also in high demand according to a Cebile study
Shore Capital Partners closes first fund on $112.5m
The Chicago-based firm will focus on healthcare in North America.
Shore Capital seals 4x healthcare exit
The firm completed its second exit by selling SCP Specialty Infusion to Harvest Partners-backed AxelaCare Health Solutions.
Altaris launches Fund III targeting $425m
The healthcare-focused firm is targeting slightly more than its $400m Fund II to invest in businesses in the US and Western Europe.
OPTrust private equity returns 20.5%
The C$14.7bn pension has plans to grow its private equity allocation from 4.5% to 15% during the next few years.
Linden holds first close
Chicago-based Linden LLC has held a more-than $100m first close on its inaugural fund. The firm, launched by One Equity vet Eric Larson, is competing on the fundraising trail with another One Equity spinout with an overlapping track record.