Sciens Water

What Sciens Water does

Sciens Water is a private alternative investment management platform that invests exclusively across the U.S. water value chain. Launched in 2018 as the dedicated water arm of Sciens Capital Management (founded 1994 in New York, pivoted to real assets in 2007 and began water-sector research in 2015), the firm makes control investments through its Sciens Water Opportunities Fund (SWOF) and is described as of 2026 as the largest asset manager dedicated solely to the U.S. water sector, with over $1.4B invested in water infrastructure and $1B+ in water equity. Fund II is launching in 2026.

The platform's portfolio spans regulated and operating water businesses. Core wholly-owned holdings include Central States Water Resources (a regulated utility acquiring and rehabilitating small non-compliant water systems), Integrated Water Services (turn-key decentralized water and wastewater treatment with membrane bioreactors, aeration systems, modular units, and digital monitoring — recently expanded through the acquisitions of Complete Filtration Resources in May 2026 and Tetrasolv Filtration in June 2026), Water-As-A-Service (off-balance-sheet infrastructure financing for municipalities, schools, hospitals, and industrial customers), and Sciens Water Digital Holdings (SaaS-based remote SCADA for asset monitoring). Minority and past holdings include Sustainability Partners, Botanical Water Technologies, and CROM (pre-stressed concrete water storage tanks). The firm supplements investing with the Rethinking Water Conference Series and academic partnerships with Cambridge, Georgetown, Columbia Water Center, and Arizona State.

Sciens Water generates revenue through two primary streams: (1) recurring management fees on its fund vehicles (including FCA-authorised UK entities SGRS and SCL marketing an Irish-domiciled vehicle under EU SFDR), and (2) returns from active ownership of water infrastructure assets and operating companies. The target customer base is institutional LPs in the fund, while the portfolio companies serve municipal water utilities, industrial water customers (including food, beverage, dairy, and other process industries), and public-sector entities (municipalities, schools, hospitals) seeking infrastructure financing. The firm is headquartered at 667 Madison Avenue, New York, with an additional office at 34 Bruton Street, London.

Name

Sciens Water

Legal name

Sciens Water

Website

https://scienswater.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Sciens Water is a private alternative investment management platform launched in 2018 by Sciens Capital Management that makes control investments across the U.S. water value chain through its Sciens Water Opportunities Fund, serving municipal, industrial, and public-sector water customers via a portfolio of regulated utilities, treatment technology providers, and infrastructure-as-a-service businesses.

Ownership category

akta.pro rank

Product category

Water Infrastructure Investment Management

NAICS

Water Supply and Irrigation Systems (22131), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (523940)

SIC

Water Supply (4941)

akta.pro industry

PRIMARYFSAHAKAG

Real Assets Fund of Funds (Real Estate / Infrastructure / Natural Resources FoF)

Financial & Insurance/Hedge Funds & Alternative Investments/Alternative Investments — Fund of Funds & Multi-Manager Platforms

SECONDARYEUAEAMAH

Water & Wastewater Infrastructure Asset Management

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Energy Infrastructure Asset Management

SECONDARYEUANAAAK

Capital Delivery, Asset Management & Renewal Programs (Pipes, Plants, Pumps)

Energy, Utilities & Environment/Water & Wastewater Utilities/Drinking Water Supply & Distribution

SECONDARYEUANAGAD

Advanced Treatment & Purification Utilities (MF/UF, RO, AOP, UV)

Energy, Utilities & Environment/Water & Wastewater Utilities/Water Reuse & Recycled Water Utilities (Non-potable/Potable Reuse)

Keywords

• Water infrastructure investment
• Alternative asset management
• Water utility operations
• Wastewater treatment solutions
• Private equity water sector

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Management Fees: Alternative investment management platform generating revenue through management fees from investment funds focused on U.S. water infrastructure and operating companies.
2. Water Infrastructure Investment Returns: Returns generated through active ownership and strategic development of water infrastructure assets and operating companies across the U.S. water value chain.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Sciens Water is an alternative investment management platform that makes control investments in U.S. water infrastructure assets and water-related operating companies. The firm invests across the full water and wastewater value chain—from regulated utilities to technology-enabled treatment and digital infrastructure solutions—through the Sciens Water Opportunities Fund (SWOF). It deploys long-term capital, applies active ownership, and leverages proprietary research to address critical underinvestment in U.S. water infrastructure.

Product overview

Sciens Water is an alternative investment management platform focused exclusively on the U.S. water sector, operating as a holding company for a portfolio of water infrastructure assets and water-related operating companies. The platform invests across the full U.S. water value chain, from regulated utilities to technology-enabled solutions. The portfolio includes Central States Water Resources (a regulated water and wastewater utility rehabilitating non-compliant small systems), Integrated Water Services (turn-key decentralized treatment and reuse solutions with advanced technologies including membrane bioreactors, aeration, and modular systems), Water-As-A-Service (off-balance-sheet infrastructure financing for municipalities and industrial customers), Sustainability Partners (public benefit infrastructure-as-utility service model), Botanical Water Technologies (potable water from industrial food-processing waste streams), and Sciens Water Digital Holdings (SaaS-based remote SCADA monitoring and control). Past portfolio companies include CROM (pre-stressed concrete water storage tanks). Sciens Water also hosts the Rethinking Water Conference Series as a thought leadership and industry engagement platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Sciens Water Opportunities Fund (SWOF) Dedicated U.S. water sector alternative investment fund that makes control investments in private companies across the water and wastewater value chain, with over $1B in water equity deployed to date. Available to institutional limited partners.
• Sciens Water Fund II Successor alternative investment fund to SWOF, launching in 2026 to continue control investments in U.S. water infrastructure assets and operating companies.
• Central States Water Resources (CSWR) Regulated water and wastewater utility headquartered in St. Louis, MO, specializing in acquiring and rehabilitating small, non-compliant water systems to bring them into regulatory compliance. Serves municipal water customers across the U.S.
• Integrated Water Services (IWS) Turn-key, decentralized water and wastewater treatment solutions provider with expertise in advanced treatment and reuse technologies including membrane bioreactors, aeration systems, modular treatment units, and digital/remote monitoring. Serves industrial and municipal customers.
• Water-As-A-Service (WAAS) Infrastructure-as-a-service model providing off-balance-sheet financing to municipalities, schools, hospitals, and industrial customers for water infrastructure development.
• Sustainability Partners Public Benefit Company partnering with customers to provide reliable, safe, and improving essential infrastructure through a utility-like service model.
• Botanical Water Technologies Technology company creating potable water from waste streams of sugar mills and fruit/vegetable processing operations, addressing water scarcity through resource recovery.
• Sciens Water Digital Holdings Leading provider of SaaS-based remote SCADA solutions for end-to-end asset monitoring and control of critical water infrastructure assets.
• Rethinking Water Conference Series Global thought leadership conference series addressing critical challenges facing the global water sector, fostering cross-sector knowledge exchange on water valuation, management, and investment among finance, academia, technology, government, and industry leaders.

Quantifiable outcome

• 2B+ gallons of water conserved or reclaimed to date
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered core and minor.

• WaterloopcoreStrategic or Co-development Partner · 25 September 2025Sciens Water partnered with Waterloop to launch Hydro20, recognizing twenty leaders making a powerful impact on water sustainability across the United States. The program celebrates individuals advancing water sustainability in America.
• University of CambridgeminorStrategic or Co-development PartnerAcademic partnership with University of Cambridge bringing together researchers across disciplines to address global challenges of water security and advance interdisciplinary solutions for sustainable water management.
• Georgetown UniversityminorStrategic or Co-development PartnerPartnership with Georgetown University's Science, Technology and International Affairs program at the School of Foreign Service, established in 1982, aimed at educating next generation of leaders skilled in science and technology.
• Columbia Water CenterminorStrategic or Co-development PartnerPartnership with Columbia Water Center, founded in January 2008, committed to understanding and addressing the role and scarcity of fresh water in the 21st century.
• Arizona State UniversityminorStrategic or Co-development PartnerPartnership with Arizona State University's Global Futures Water Institute, founded in 2024, an international center for scholarship and action designed to predict and address water challenges.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Brookfield Asset Management: One of the world's largest alternative asset managers with a sizable infrastructure platform actively investing in water and environmental infrastructure. Sciens Water competes for the same institutional LP capital and increasingly for water asset deals, though Brookfield operates across many sectors and asset classes.
• KKR Infrastructure: KKR's Global Infrastructure platform invests across water, waste, and environmental assets with multi-billion-dollar funds. Comparable to Sciens Water as an institutional infrastructure investor pursuing real-asset water exposure, though KKR's infrastructure platform spans many sectors.
• Global Infrastructure Partners (BlackRock): GIP (now part of BlackRock) is a major infrastructure equity investor with water and environmental assets under management. Directly comparable as a real-assets infrastructure manager deploying long-duration capital into operating water and utility businesses.
• Macquarie Asset Management: Macquarie's Green Investment Group and infrastructure funds are among the largest investors in water, wastewater, and environmental infrastructure globally. Comparable as a long-duration alternative asset manager in water infrastructure, though much broader in scope.
• EQT Infrastructure: EQT Infrastructure VI+ funds invest across environmental and utility infrastructure including water and wastewater services. Comparable in deploying patient infrastructure capital into operating water businesses, though EQT's mandate is global and multi-sector.
• I Squared Capital: Global infrastructure private equity manager with a track record of investing in water, wastewater, and environmental services. Comparable mid-to-large infrastructure investor targeting operating water businesses with thematic, sector-specialized strategies.
• Stonepeak Infrastructure Partners: U.S.-headquartered infrastructure equity manager with North America and renewables-focused strategies investing in water, utility, and environmental assets. Comparable as a long-duration infrastructure investor competing for similar operating-company water opportunities.

Direct peers

• Hannon Armstrong Sustainable Infrastructure Capital: U.S.-listed climate and infrastructure investment firm focused on sustainable infrastructure including water, wastewater, and renewable assets. Closest listed peer to Sciens Water's pure-play sustainable water infrastructure investment thesis, with capital deployment across the U.S.
• Water Asset Management: Long-standing U.S.-focused water investment manager that invests across water rights, utilities, and infrastructure. Highly comparable as a water-only specialist investor with a similar U.S. mandate, though earlier-stage and operating from a smaller fund base.

Others

• American Water Works Company: Largest U.S. publicly traded water and wastewater utility, serving as a strategic acquirer and operator. Relevant as a comparator for Sciens Water's regulated-utility portfolio thesis (e.g., Central States Water Resources) and as a potential exit/strategic partner for portfolio companies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/scienswater
• YouTubeyoutube.com/@scienswater
• LinkedInlinkedin.com/company/scienswater
• Instagraminstagram.com/scienswater

Revenue estimate

Valuation estimate

Number of profiles

Profiles27 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sciens Water