The Watermill Group

Private Equity SEC-registered adviser

Legal name: Watermill Management Company, LLC

Boston, MA Website

AUM

$178.1M

Regulatory AUM

Private funds

Private Equity 14 · Real Estate 4

Private fund assets

$178.1M

Gross asset value

Employees

Last Form D raise

Sep 2025

Most recent fund filing

From SEC Form ADV filing (filed Mar 30, 2026). View on SEC

People(3)

Owners and executive officers named on the firm's SEC Form ADV.

Chief Compliance Officer, Senior Partner

President and Chief Operating Officer

Managing Member

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

Fund	Type	Gross assets	Raised (Form D)	Investors	Last Form D	Recency
Watermill Opportunity Fund, L.P. Series III - Weston 2025	Private Equity	$2.0M	$3.6M	32	Sep 2025	Cool
Enbi Debt Partners, LP	Private Equity	$15.1M	$6.5M	27	May 2025	Cool
Watermill Opportunity Fund LP Series II - Musser	Private Equity	$17.8M	$18.0M	47	May 2024	Cold
Watermill-Ctb Partners, LP	Private Equity	$21.6M	$366K	13	Jan 2023	Cold
Watermill Opportunity Fund Series I - Weston	Private Equity	$21.2M	—	—	Jan 2021	Cold
Watermill-Enbi Partners II, LP	Private Equity	—	$4.3M	22	Apr 2020	Cold
Watermill-Transportation Pref Partners II, LP	Private Equity	—	$2.5M	54	Feb 2020	Cold
Watermill-Enbi Partners, LP	Private Equity	—	$17.2M	34	Apr 2019	Cold
Watermill-Transportation Debt Partners, LP	Private Equity	—	$6.9M	43	Jan 2019	Cold
Fitzwilliam Works Realty I, LP	Real Estate	$1.4M	$1.4M	15	Dec 2018	Cold
Fitzwilliam Works Realty II, LP	Real Estate	$1.4M	$1.3M	10	Dec 2018	Cold
Watermill-Ct Partners, LP	Private Equity	$55.6M	—	—	Aug 2017	Cold
Wm Musser Topco LLC	Private Equity	$16.8M	—	—	—
Watermill Weston Co-Investment, LP	Private Equity	$11.5M	—	—	—
Watermill-Enbi Partners III, LP	Private Equity	$9.5M	—	—	—

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.