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Breakwater Investment Management

Private equity

Los Angeles · Growth · 12 people tracked

Also known as BREAKWATER INVESTMENT MANAGEMENT, LLC · BREAKWATER MANAGEMENT, LP

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Investment thesis

Breakwater specializes in control equity investments in the lower middle market across the Media & Entertainment, Marketing, and Tech-Enabled Services sectors. It partners with founders and management teams to accelerate growth through both organic expansion and strategic add-on acquisitions. As a flexible capital solutions provider, the firm supports a range of capital uses including growth, acquisitions, and distributions. Its partners bring decades of operating and investing experience, including C-suite roles in its target sectors and senior positions at global asset management platforms, allowing it to offer strategic, operational, and financial guidance to help portfolio companies scale and create long-term value.

Source: firm website, verified Jul 31, 2026.

Stage
Growth
HQ
Los Angeles, US
Leads rounds
Leads
Instruments
Equity · Debt
Founded
2009
AUM
$302.7M
Tracked investments
26

Team · 12 people

from the firm's website
Eric Beckman· Managing Partner

Managing Partner responsible for origination, structuring, execution and oversight of the portfolio and Chairman of the Investment Committee, with 24 years in leveraged finance and private company investing. He previously spent 16 years as a senior investment professional at Ares Management and began his career at Goldman Sachs.

Darrick Geant· Portfolio Advisor / Partner

Portfolio Advisor and Partner focused on origination, execution and monitoring of investments. He was previously a Managing Partner at Goldman Sachs where he founded and co-led its middle market leveraged finance group, and earlier worked at Barclays Capital and DLJ/Credit Suisse.

Jeff Goldstein· Operating Partner

Operating Partner with over 25 years of industry experience, most recently Chief Strategy Officer at Apex Clearing and previously Group President, Digital and Chief Strategy Officer at Aristocrat Leisure. He earlier held roles at United Online, PriceGrabber, Experian, IAC and Lehman Brothers, and practiced law at Gibson, Dunn & Crutcher.

Joe Kaczorowski· Partner & CFO

Partner and CFO responsible for financial, legal, tax and general administration, also serving as Head of Portfolio Management and Chief Compliance Officer. He was previously President of Grosvenor Park Media and President and CFO of HOB Entertainment.

Aamir Amdani· Managing Director

Managing Director focused on origination, execution and monitoring of investments. He previously worked at H.I.G. Capital and began his career in the Global Healthcare Investment Banking Group at Bank of America Merrill Lynch.

Walter Chung· Director

Director focused on origination, execution and monitoring of investments. He was previously a Director at THL Credit's Direct Lending platform and worked at Libra Securities and FTI Consulting.

Alec Dorman· Senior Associate

Senior Associate focused on execution and monitoring of investments. He was previously a Private Equity Associate at Sun Capital Partners and an investment banking analyst at Piper Jaffray.

Caitlin Punschke· Director of Operations

Director of Operations responsible for coordinating firm operations, executive support to managing partners, regulatory compliance, office administration and employee relations. She previously worked in public relations.

Jose Arteaga· VP of Finance and Accounting

VP of Finance and Accounting who was previously Director of Finance at Red Mountain Capital Partners and a Senior Associate in the financial services assurance group at PwC.

Robert Choi· Senior Associate

Senior Associate focused on origination, execution and monitoring of investments. He was previously an Associate at Imperial Capital and worked in the audit practice at Ernst & Young.

Steven Ortiz· Vice President

Vice President focused on origination, execution and monitoring of investments, valuation, financial reporting and investor relations support. He previously worked at Strategy& (PwC Network) and earned his CPA at PwC in Silicon Valley.

Tammy Funasaki· Head of Investor Relations

Head of Investor Relations managing fundraising and investor relations for Breakwater's funds and co-investment efforts. She was previously a Vice President at Evolution Capital and a Private Wealth Advisor at Goldman Sachs.

Investments · 26 tracked

founders shown can be your intro path
Advantage Group Holdings

Consultative sales platform (Advantage Gold) marketing precious metals for retail purchase and self-directed IRA investment, with sister firm Brentwood Research.

Alpha Media

Fourth-largest US radio broadcaster with over 250 stations, headquartered in Portland, Oregon.

Apex Linen

Second-largest laundry services provider in the Las Vegas market servicing the hotel and casino industry.

Argo Tea

Multi-channel branded tea-based beverage enterprise headquartered in Chicago.

Bear Down Brands

Developer and marketer of branded home, health and wellness products sold via Amazon and other digital and retail channels.

Bleach Group

Sydney-based branded fashion apparel and accessories house behind the Ksubi and Insight brands.

BMM Compliance

Longest-established private independent gaming test lab, licensed across some 300 gaming regulatory jurisdictions worldwide.

Brown & Settle

Large-parcel commercial site development services provider serving data center/telecom infrastructure in the Northern Virginia area.

Chemistry Communications

Full-service independent marketing and digital agency in which Breakwater led a majority investment in 2025.

Consensus Orthopedics

Designer, manufacturer and distributor of reconstructive total joint implants for hip and knee, and developer of TracPatch.

Exhale Enterprises

Operator of mind-body spas across top markets and upscale hotels (sold to Hyatt Hotels in 2017).

Global Restoration Holdings

Second-largest provider of restoration and reconstruction services in North America.

Hamilton Captive Management

Captive insurance solutions provider for private companies and high-net-worth individuals and families, based in Hilton Head, South Carolina.

iSatori

Developer and marketer of clinically tested nutritional products for weight loss and sports performance (exited 2016).

Loot Crate

Fan-based commerce and community platform delivering themed mystery boxes of pop culture merchandise.

Matcon Group of Companies

British Columbia commercial contractor specializing in excavation and shoring services.

Open Road Entertainment

Provider of entertainment marketing solutions and audio-visual advertising across multiple platforms.

Optimus EMR

Provider of clinical content and electronic medical records software for post-acute care (sold to Yardi in 2015).

Planet Blue

California-based lifestyle retailer and fashion brand selling apparel, jewelry and accessories via retail and digital channels.

SmartyPants

Premium all-natural nutritional supplements company producing multivitamin gummies with a one-for-one giving model.

The Madera Groupthemaderagroup.com
The Veggie Grill

Award-winning veggie-centric fast-casual restaurant chain based in Santa Monica, California.

TracPatch

Surface sensor wearable device paired with a cloud-based digital health platform for orthopedic and spine recovery, incubated within Consensus Orthopedics.

Training Partners USA

Provider of workforce training and staffing services for the global energy industry (exited 2013).

yurbuds

Leading sport earphone company (sold to Harman Kardon in 2014).

Zealot Networks

Digital media and entertainment company that grew through strategic acquisitions (exited 2015).

Frequently asked questions

What stage does Breakwater Investment Management invest at?
Breakwater Investment Management invests at the Growth stage.
What sectors does Breakwater Investment Management focus on?
Breakwater Investment Management focuses on Enterprise Software, Marketing Tech, Media & Entertainment.
Where is Breakwater Investment Management located?
Breakwater Investment Management is headquartered in Los Angeles, US.
Does Breakwater Investment Management lead rounds?
Yes, Breakwater Investment Management leads investment rounds.

Images

Breakwater Investment Management photo

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