# Water Street Healthcare Partners: portfolio, investments and team

> Water Street Healthcare Partners is a private equity based in United States. 3 investments on record, latest Feb 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/water-street-healthcare-partners (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Water Street Healthcare Partners

Filed with the SEC to raise a fund in May 2026, closing $1,922M. Last cheque observed Feb 2015.

Email

Private equity Quiet New fund $1.9B, May 2026

Seed Series A E-health Health-tech Healthcare

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **4303** days **00** hrs **00** min **00** sec

Median round **$47M** Rounds led **0 of 3** Sole investor **3 rounds**

Pitch Water Street Healthcare Partners

## Water Street Healthcare Partners highlights

- 01 3 rounds on record
- 02 Mostly Growth: 100% of its rounds
- 03 Sole investor in 3 rounds, median $47M

## What they do

> Dedicated to building market leaders in healthcare since 2005. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** E-health Health-tech Healthcare
- **Based in:** Chicago, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2015** 1 round
- **Feb** **[Custopharm](https://millionrounds.com/company/custopharm)** US **Undisclosed** Sole investor
- **2013** 2 rounds
- **Apr** **[CCBR-SYNARC](https://millionrounds.com/company/ccbr-synarc)** Growth · US · finsmes.com **Undisclosed** Sole investor
- **Jan** **[Access MediQuip](https://millionrounds.com/company/access-mediquip)** Growth · US · newyork.citybizlist.com **$47M** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **12 named**

CA **Christopher A. Sweeney** Partner of Water Street Healthcare Partners, LLC i Filing they signed

JG **James G. Connelly** Partner of Water Street Healthcare Partners, LLC i Filing they signed

JV **Jeffrey Vaughan Holway** Member / Chief Compliance Officer / Chief Administrative Officer i Form ADV

KA **Kate Anne Hayes** Chief Financial Officer i Form ADV

KJ **Kathleen J. Ossman** Executive Officer, Promoter i Filing they signed

KA **Kevin A. Swan** Partner of Water Street Healthcare Partners, LLC i Filing they signed

ML **Maxwell L. Mishkin** Executive Officer, Promoter i Filing they signed

MJ **Michael J. Brennan** Executive Officer, Promoter i Filing they signed

NH **Ned H. Villers** Partner of Water Street Healthcare Partners, LLC i Filing they signed

PA **Peter A. Strothman** Partner of Water Street Healthcare Partners, LLC i Filing they signed

RH **Robert H. Womsley** Partner of Water Street Healthcare Partners, LLC i Filing they signed

TA **Timothy Allan Dugan** Managing Partner of Water Street Healthcare Partners, LLC i Filing they signed

We also hold **29** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$7.5B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Water Street Healthcare Partners, LLC
- **SEC number:** CRD 156694

Funds on its Form ADV

**16** private funds, **$7.4B** in gross assets · filed Jul 2024

- Pegasus WSJLL Fund, L.P. *Private equity* 165 investors $2.0B
- Water Street Healthcare Partners IV, L.P. *Private equity* 64 investors $1.1B
- Water Street Healthcare Partners V, L.P. *Private equity* 73 investors $956M
- Water Street Orion Fund, L.P. *Private equity* 56 investors $730M
- Water Street Orion Fund Parallel, L.P. *Private equity* 27 investors $501M
- Water Street Healthcare Partners III, L.P. *Private equity* 72 investors $465M
- Water Street Healthcare Partners V Parallel, L.P. *Private equity* 31 investors $423M
- Water Street Healthcare Partners IV S, L.P. *Private equity* 41 investors $351M
- Water Street Healthcare Partners IV AIV Parallel, L.P. *Private equity* 13 investors $294M
- WSHP IV AIV Cayman, L.P. *Private equity* 64 investors $266M

And 6 more on the filing.

Who backs their funds

## 1 LP on record in Water Street Healthcare Partners's funds

- **Committed:** $38M
- **Funds:** 1
- **Vintages:** 2005

The institutions that put money into its funds, which the firm then invests in companies. Source: the pension's own report, latest Jun 2025.

- [**Regents of the University of California** 1 fund *$38M*](https://millionrounds.com/fund/regents-of-the-university-of-california) Fund Vintage Committed Water Street Healthcare Partners 2005 $38M

New fund on file

**$1.9B**

raised in May 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A

Median round joined **$47M** the round, not its cheque Alone, median **$47M**

Led 0 of 3 rounds **0%**

- **Sole investor:** 3 rounds
- **Last cheque:** Feb 2015

Rounds by stage said on their site

- Growth *2*
- Seed said *-*
- Series A said *-*

Cheques by year Led Joined

2013 2015

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## Quick answers about Water Street Healthcare Partners

### What does Water Street Healthcare Partners invest in?

Water Street Healthcare Partners invests most often at Growth (100% of the rounds on record), in sectors such as E-health, Health-tech and Healthcare.

### How active is Water Street Healthcare Partners?

3 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2015.

### How big are Water Street Healthcare Partners's cheques?

The median round it joins is $47M.

### Is Water Street Healthcare Partners investing now?

No investments in the last 12 months; the latest was in Feb 2015.

### What kind of investor is Water Street Healthcare Partners?

Water Street Healthcare Partners is a private equity firm based in Chicago, United States.

### How much does Water Street Healthcare Partners manage?

About $7.5B, as regulatory assets under management (Oct 2026).

### Has Water Street Healthcare Partners raised a new fund?

Its latest fund filing with the SEC was in May 2026, reporting $1.9B raised.

### When was Water Street Healthcare Partners founded?

Water Street Healthcare Partners was founded in 2005.

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