Water Street Healthcare Partners
Private equityChicago Β· Growth Β· 10 people tracked
Find your way into Water Street Healthcare Partners
6 people in our graph share verified history with the Water Street Healthcare Partners team β schools, employers, funds. One of them is your warm intro.
Investment thesis
Water Street invests exclusively in the healthcare industry, supporting accelerated growth and impact across three critical sectors: healthcare services that help customers navigate an increasingly complex landscape, medical products focused on product innovation and value-added services to improve care delivery and outcomes, and pharmaceutical/life-science services accelerating drug and device development from discovery through commercialization.
Source: firm website, verified Sep 15, 2026.
Team Β· 10 people
from public directoriesWhat they invest in
from 2 of 3 portfolio companiesMedical Devices Γ2Biotech Γ1Digital Health Γ1Healthtech Γ1Logistics & Supply Chain Γ1SaaS Γ1
Investments Β· 3 tracked
founders shown can be your intro pathPathnostics is a CAP-accredited and CLIA-certified diagnostics laboratory offering histopathology, cytology, and molecular tests across urology, women's health, and gastroenterology.
BiotechDigital HealthMedical Devices
David Pauluzzi(Chief Executive Officer & Co-Founder)in
Co-investorsJSD Capital, LLC
Sarnova is a health and safety distributor and services company operating through multiple subsidiaries serving emergency medical services, healthcare facilities, and cardiac emergency preparedness markets.
HealthtechLogistics & Supply ChainMedical DevicesSaaS
Brian LaDuke(Chief Executive Officer)inBrian Ellis(Chief Operating Officer)inShawn Saylor(Chief Financial Officer & Treasurer)inRob Meriweather(President, Emergency Preparedness)Aric Vacchiano(President, Acute Care)inNick Adams(President, Cardiac Response)
Co-investorsInvestor
Other
Tracked investments with no reachable website or further public details β typically companies that wound down, renamed, or were absorbed.
Viant
Portfolio news
latest coverage across their companiesSarnova Β· axios.com Β· Aug 11, 2026
Fund performance Β· per public LP disclosures Β· 11
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Water Street Healthcare Partners VLPs: Maine Public Employees Retirement System | 2022 | β | β | 0.86x | β |
| Water Street VLPs: Teachers' Retirement System of Oklahoma | 2022 | β | -8.4% | 0.86x | 0.00x |
| Water Street IVLPs: Teachers' Retirement System of Oklahoma | 2018 | β | 16.1% | 1.84x | 0.62x |
| Water Street Healthcare Partners IVLPs: Maine Public Employees Retirement System | 2017 | β | 16.1% | 1.84x | 0.62x |
| Water Street Healthcare Partners IV PELPs: Maine Public Employees Retirement System | 2017 | β | 11.6% | 1.23x | β |
| Water Street Healthcare Partners IIILPs: The Regents of the University of California, Maine Public Employees Retirement System | 2013 | β | 34.7% | 2.84x | 2.55x |
| Water Street IIILPs: Teachers' Retirement System of Oklahoma | 2013 | β | 34.7% | 2.85x | 2.56x |
| Water Street Healthcare Partners III PELPs: Maine Public Employees Retirement System | 2012 | β | 35.0% | 2.68x | 1.50x |
| Water Strc't. Healthcare Partners II, L.P.LPs: The Regents of the University of California | 2008 | β | 2.6% | β | 1.13x |
| Water Street Healthcare Partners II, L.P.LPs: The Regents of the University of California | 2008 | β | 28.3% | 2.29x | 1.88x |
| Water Street Healthcare Partners, L.P.LPs: The Regents of the University of California | 2005 | β | 9.4% | 1.44x | 1.44x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Water Street Healthcare Partners invest at?
- Water Street Healthcare Partners invests at the Growth stage.
- What sectors does Water Street Healthcare Partners focus on?
- Water Street Healthcare Partners focuses on Biotech, Digital Health, Healthtech, Medical Devices.
- Where is Water Street Healthcare Partners located?
- Water Street Healthcare Partners is headquartered in Chicago, US.
Similar investors
Amadeus Capital Partners is a technology investment firm that backs founders building complex, science-led and deep tech businesses, supporting them over the long term as they scale internationally.
B Capital is a global investment firm backing early to late-stage technology innovators across technology, healthcare, and energy & resilience sectors.
Breyer Capital is a venture capital firm that backs high-impact entrepreneurs, making strategic investments guided by founder passion and its network of experienced investors.
Capricorn Partners is a Belgium-based, partner-owned independent management company for alternative investment funds, investing in innovative companies across digital, health and clean technologies with an ESG focus.
US Venture Partners (USVP) is an early-stage venture capital firm investing in information technology and healthcare companies, with four decades of investing experience.









.jpeg)

