Water Street Healthcare Partners, Llc
- Regulatory AUM
- $7.5B
- Discretionary
- $7.5B
- Clients
- 16
- Avg AUM / client
- $468M
- Accounts
- 16
- Employees
- 42
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 16 | $7.5B | 100.0% |
Private funds (16)
View all →Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $7.4B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Pegasus Wsjll Fund, L.P. | Private Equity Fund | Delaware | $2.0B | 165 |
| Water Street Healthcare Partners Iv, L.P. | Private Equity Fund | Delaware | $1.1B | 64 |
| Water Street Healthcare Partners V, L.P. | Private Equity Fund | Delaware | $956M | 73 |
| Water Street Orion Fund, L.P. | Private Equity Fund | Delaware | $730M | 56 |
| Water Street Orion Fund Parallel, L.P. | Private Equity Fund | Delaware | $501M | 27 |
| Water Street Healthcare Partners Iii, L.P. | Private Equity Fund | Delaware | $465M | 72 |
| Water Street Healthcare Partners V Parallel, L.P. | Private Equity Fund | Delaware | $423M | 31 |
| Water Street Healthcare Partners Iv S, L.P. | Private Equity Fund | Delaware | $351M | 41 |
| Water Street Healthcare Partners Iv Aiv Parallel, L.P. | Private Equity Fund | Delaware | $294M | 13 |
| Wshp Iv Aiv Cayman, L.P. | Private Equity Fund | Cayman Islands | $266M | 64 |
| Water Street Healthcare Partners Iv S Parallel, L.P. | Private Equity Fund | Delaware | $156M | 15 |
| Water Street Healthcare Partners Ii, L.P. | Private Equity Fund | Delaware | $71.0M | 63 |
| Wshp Iv Aiv Parallel Cayman, L.P. | Private Equity Fund | Cayman Islands | $69.6M | 13 |
| Ws Associate Co Invest Partners, Llc | Private Equity Fund | Delaware | $2.9M | 44 |
| Water Street Healthcare Partners, L.P. | Private Equity Fund | Delaware | $2.4M | 58 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Jpmorgan Chase Retirement Plan Jpmorgan Chase Bank, National Association | 2024 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Dugan, Timothy, Allan | Managing Member | May 2005 (21y) | 75% or more | |
| Holway, Jeffrey, Vaughan | Member / Chief Compliance Officer / Chief Administrative Officer | Jul 2005 (21y) | Less than 5% | |
| Hayes, Kate, Anne | Chief Financial Officer | Jul 2021 (5y) | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (16, $7.4B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Pegasus Wsjll Fund, L.P. | Private Equity Fund | $2.0B | $0 | 165 |
| Water Street Healthcare Partners Iv, L.P. | Private Equity Fund | $1.1B | $10.0M | 64 |
| Water Street Healthcare Partners V, L.P. | Private Equity Fund | $956M | $0 | 73 |
| Water Street Orion Fund, L.P. | Private Equity Fund | $730M | $0 | 56 |
| Water Street Orion Fund Parallel, L.P. | Private Equity Fund | $501M | $0 | 27 |
| Water Street Healthcare Partners Iii, L.P. | Private Equity Fund | $465M | $10.0M | 72 |
| Water Street Healthcare Partners V Parallel, L.P. | Private Equity Fund | $423M | $0 | 31 |
| Water Street Healthcare Partners Iv S, L.P. | Private Equity Fund | $351M | $10.0M | 41 |
| Water Street Healthcare Partners Iv Aiv Parallel, L.P. | Private Equity Fund | $294M | $10.0M | 13 |
| Wshp Iv Aiv Cayman, L.P. | Private Equity Fund | $266M | $10.0M | 64 |
| Water Street Healthcare Partners Iv S Parallel, L.P. | Private Equity Fund | $156M | $10.0M | 15 |
| Water Street Healthcare Partners Ii, L.P. | Private Equity Fund | $71.0M | $10.0M | 63 |
| Wshp Iv Aiv Parallel Cayman, L.P. | Private Equity Fund | $69.6M | $10.0M | 13 |
| Ws Associate Co Invest Partners, Llc | Private Equity Fund | $2.9M | $10.0K | 44 |
| Water Street Healthcare Partners, L.P. | Private Equity Fund | $2.4M | $5.0M | 58 |
| Wshp Iii Aiv, L.P. | Private Equity Fund | $0 | $0 | 72 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Jpmorgan Chase Retirement Plan | Jpmorgan Chase Bank, National Association | 78,270 | $16.1B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 4.56 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • SEE SCHEDULE D - MISC.
Services
- • Portfolio management for pooled investment vehicles
- • Other services
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗