Sweetwater Investment Management Secures Record $505M for Fund III

Sweetwater Investment Management, a prominent private equity secondaries specialist, has successfully raised a staggering $505 million for its Sweetwater Private Equity III, L.P. fund. The accomplishment follows a stellar 2023 marked by notable milestones, including winning the PE Wire 2023 "Best Performance: Emerging Manager of the Year" award and closing its third flagship fund with record commitments.

In a landmark year, Sweetwater exceeded $1 billion in regulatory AUM and executed its 100th secondary transaction. Specializing in Buyer-led direct and fund restructure secondary transactions, Sweetwater sets itself apart as a leader where buyers play a pivotal role in asset selection and fund restructuring. The firm concentrates on venture capital, growth equity, and small buyout opportunities, with a strategic emphasis on the healthcare, technology, and consumer sectors.

For more details on Sweetwater's exceptional achievements and its strategic focus areas, visit the firm's website and stay tuned for further developments in the private equity landscape.