AltMountain

The Watermill Group

Boston, MA · CRD 163370
Private equity manager

The Watermill Group is an SEC-registered investment adviser based in Boston, MA that reports managing 18 private funds on Form ADV, including 14 private equity funds. It reports $178.1 million in regulatory assets under management. Its private funds hold $178.1 million in gross assets.

Regulatory assets under management
$178.1 millionForm ADV Item 5.F
Gross assets of private funds
$178.1 millionAll private fund types, Form ADV
Private funds managed
18PE 14 · VC 0 · hedge 0
Employees
13Form ADV Item 5.A
Registration
SEC-registered adviserCRD 163370
Latest Form ADV
03/30/2026Disciplinary disclosures: none reported

Private equity funds filing Form D (2)

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Private funds reported on Form ADV (14)

Fund
Gross assets
Minimum
Owners
Adviser
Watermill Opportunity Fund Series I - Weston
Delaware, United StatesPrivate equity fund
Gross assets$57.3M
Minimum$58K
Owners42
AdviserThe Watermill Group
Watermill-Ct Partners, LP
Cayman IslandsPrivate equity fund
Gross assets$52.4M
Minimum$22K
Owners58
AdviserThe Watermill Group
Watermill-Transportation Pref Partners III, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$40.1M
Minimum$4K
Owners54
AdviserThe Watermill Group
Watermill-Enbi Partners III, LP
Delaware, United StatesPrivate equity fund
Gross assets$11.4M
Minimum$15K
Owners36
AdviserThe Watermill Group
Watermill-Ctb Partners, LP
Delaware, United StatesPrivate equity fund
Gross assets$8.6M
Minimum$6K
Owners41
AdviserThe Watermill Group
Watermill-Transportation Debt Partners, LP
Delaware, United StatesPrivate equity fund
Gross assets$8.5M
Minimum$21K
Owners47
AdviserThe Watermill Group
Watermill-Transportation Pref Partners II, LP
Delaware, United StatesPrivate equity fund
Gross assets$1.6M
Minimum$2K
Owners59
AdviserThe Watermill Group
Watermill-Shelbyville Partners, LP
Delaware, United StatesReal estate fund
Gross assets$1.6M
Minimum$6K
Owners36
AdviserThe Watermill Group
Osceola Realty LLC
Delaware, United StatesReal estate fund
Gross assets$1.5M
Minimum$2K
Owners33
AdviserThe Watermill Group
Fitzwilliam Works Realty I, LP
Delaware, United StatesReal estate fund
Gross assets$1.5M
Minimum$9K
Owners24
AdviserThe Watermill Group
Fitzwilliam Works Realty II, LP
Delaware, United StatesReal estate fund
Gross assets$1.4M
Minimum$9K
Owners10
AdviserThe Watermill Group
Watermill-Tenere Partners, LP
Delaware, United StatesPrivate equity fund
Gross assets$473K
Minimum$50K
Owners50
AdviserThe Watermill Group
Watermill-Enbi Partners II, LP
Delaware, United StatesPrivate equity fund
Gross assets$1.0
Minimum$13K
Owners32
AdviserThe Watermill Group
Watermill-Enbi Partners, LP
Delaware, United StatesPrivate equity fund
Gross assets$1.0
Minimum$50K
Owners46
AdviserThe Watermill Group

As reported in the adviser's Form ADV filed May 28, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (1)

Fund
Gross assets
Minimum
Owners
Adviser
Watermill Weston Co-Investment, LP
Delaware, United StatesPrivate equity fund
Gross assets$26.4M
Minimum$55K
Owners2
AdviserThe Watermill Group

Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.

From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures