Water Asset Management
Water Asset Management is a New York City-based hedge fund, founded in 2005, that invests in water rights, aquifer assets, and water conservation projects for accredited and institutional investors, with notable activity in the southwestern United States.
- Company typePrivate
- Founded2005
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Water Asset Management does
Water Asset Management (WAM) is a New York City-based hedge fund, organized as Water Asset Management, LLC., that invests in water as an alternative asset class. Founded in 2005 and operating with 11-50 employees, the firm targets accredited investors (Rule 501(a) of Regulation D, with $1M+ net worth or $200K+ individual income thresholds) and institutional investors. Its core strategy centers on acquiring and stewarding water rights, aquifer extraction rights, and water conservation assets, primarily in the southwestern United States — notably through a partnership with the Mohave Valley Irrigation and Drainage District (MVIDD) that conserves 50 billion gallons in Lake Mead through 2026.
WAM distributes its investment products through a member-only web platform at waterinv.com (powered by HedgeCo Websites), which handles accredited investor onboarding, qualification verification, and ongoing investor communications. The product surface is intentionally narrow: a small number of water-focused investment vehicles, supplemented by a water-news newsroom and blog, and engagement with impact-investing venues such as the Invest4Impact Virtual Summit. The firm is also pursuing Arizona legislation that would permit it to sell water from the McMullen Valley aquifer — a move that would shift its model from rights ownership into active water marketing and distribution.
The business model is conventional hedge fund economics: management fees and performance fees charged on capital deployed in water-related investments. Pricing is not publicly disclosed; investor qualification acts as the de facto gate, with portfolio size buckets ranging from under $1M to more than $10B. There is no disclosed AUM, revenue, headcount trend, or external funding, and ownership is described as privately held and management-owned. The firm's strategic differentiators are thematic specialization (water scarcity as an investable thesis), regulatory access to water rights and emerging Arizona extraction rules, and direct relationships with water districts and conservation authorities that are difficult for generalist funds to replicate.
Water Asset Management firmographics
Firmographics- Name
- Water Asset Management
- Legal name
- Water Asset Management, LLC.
- Website
- https://waterinv.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Water Asset Management is a New York City-based hedge fund, founded in 2005, that invests in water rights, aquifer assets, and water conservation projects for accredited and institutional investors, with notable activity in the southwestern United States.
- Ownership category
- akta.pro rank
Water Asset Management industry classification
Industry- Product category
- Water-focused Hedge Fund Management
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Environmental & Resource Efficiency Funds (Water, Waste, Recycling, Efficiency) (FSANAEAE)
- akta.pro secondary industries
- Water & Wastewater Infrastructure Asset Management (EUAEAMAH), Equity Long/Short — Energy/Utilities Focus (FSAHAAAO)
Keywords
Where Water Asset Management is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Water Asset Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Hedge Fund Management: Water Asset Management operates as a hedge fund generating revenue through management fees and performance fees from investor capital deployed in water-related investments including water rights, aquifer extraction rights, and water conservation projects.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Accredited investor minimum - requires $1M+ net worth or $200K+ annual income |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Water Asset Management product offering
Product offeringCore offering
Water Asset Management operates a hedge fund that invests in water-related assets, including water rights, aquifer extraction rights, and water conservation projects. The firm raises capital from accredited and institutional investors through a member-only investment platform, deploying capital toward water infrastructure, conservation agreements, and direct water asset acquisitions in the southwestern United States.
Product overview
Water Asset Management (WAM) is a New York City-based hedge fund specializing in water asset investments. The company operates a member-only investment platform (waterinv.com) that provides access to its investment vehicles, investor communications, and portfolio information. The platform requires accredited investor authentication and includes features for new member registration, login, and account management. Notable investments include participation in MVIDD (Mohave Valley Irrigation and Drainage District), which conserves water in Lake Mead.
Differentiator
Problem solved
Functional benefit
Products and services
- Water Asset Management (WAM) Investment Platform
Quantifiable outcome
- Conservation of 50 billion gallons of water in Lake Mead through 2026
Companies that use Water Asset Management
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Water Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Water Asset Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Mohave Valley Irrigation and Drainage District (MVIDD)coreWAM's investment in MVIDD is part of new Colorado River water conservation agreements. The partnership conserves 50 billion gallons of water in Lake Mead through 2026. MVIDD is a water district in Arizona that manages irrigation and drainage, representing a direct investment relationship where WAM provides capital for water conservation infrastructure.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Water Asset Management competitors and assessment
Company assessmentBroad incumbents
- I Squared Capital: Global infrastructure private equity firm with dedicated water infrastructure investments, including pipeline, treatment, and utility assets. Comparable to WAM as an institutional capital provider targeting water assets, though with a broader infrastructure mandate and global reach.
- Nuveen (TIAA): Major institutional asset manager with dedicated water and environmental infrastructure strategies within its real assets platform. Comparable to WAM as a large-scale allocator to water infrastructure, though operating within a much broader asset management franchise.
- Brookfield Asset Management: One of the largest alternative asset managers globally with a significant infrastructure platform that includes water and utilities investments. Comparable to WAM as a major institutional investor in water-related real assets, though operating at vastly greater scale across a broader asset portfolio.
- Macquarie Asset Management: One of the world's largest infrastructure investors, including exposure to water utilities and assets through its MIRA platform. Comparable to WAM in deploying institutional capital into water-related real assets, though far larger and more diversified.
- KKR Infrastructure: Global private equity and infrastructure platform with water and utility-related investments. Comparable to WAM as a large alternative asset manager deploying capital into water and essential infrastructure assets, though from a much broader strategy set.
Others
- Global Water Intelligence: Leading research and information provider for the global water sector, including investor-relevant data on water markets, utilities, and infrastructure. Comparable to WAM as a participant in the broader water investment ecosystem, though as an information vendor rather than capital deployer.
Regional players
- American Water Works Company: Largest publicly traded U.S. water and wastewater utility, operating regulated water systems across multiple states. Comparable to WAM's water infrastructure exposure in the U.S. market, though operating as a regulated utility operator rather than a financial investor.
- Pentair Water Solutions: Industrial water treatment and water solutions company serving municipal and industrial customers with infrastructure and equipment. Adjacent to WAM's water infrastructure focus as a counterparty/operator in the water value chain, though not a financial investor.
Direct peers
- XPV Water Partners: Water-focused growth equity firm investing in water-related companies and technologies globally. Comparable to WAM in dedicated water-only investment thesis, though focused on operating company equity stakes rather than physical water rights.
- White House Water Group: A specialized water-focused investment firm investing in water rights, infrastructure, and water-related assets. Directly comparable to WAM in fund structure, water-only mandate, and asset focus, though operating at modest scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Water Asset Management social profiles
Digital presenceWater Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Water Asset Management leadership team
Management profileNumber of profiles
Water Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Water Asset Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Water Asset Management
What does Water Asset Management do?
Water Asset Management operates a hedge fund that invests in water-related assets, including water rights, aquifer extraction rights, and water conservation projects. The firm raises capital from accredited and institutional investors through a member-only investment platform, deploying capital toward water infrastructure, conservation agreements, and direct water asset acquisitions in the southwestern United States.
Is Water Asset Management a public or private company?
Water Asset Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Water Asset Management founded?
Water Asset Management was founded in 2005. It employs 11 to 50 people.
Where is Water Asset Management based?
Water Asset Management is headquartered in New York, United States, in the North America region.
How does Water Asset Management make money?
One revenue line is on record: hedge Fund Management.
Who are Water Asset Management's main competitors?
Broad incumbents on record are I Squared Capital, Nuveen (TIAA), Brookfield Asset Management, Macquarie Asset Management and KKR Infrastructure. Global Water Intelligence is listed as an others. Regional players are American Water Works Company and Pentair Water Solutions. Direct peers are XPV Water Partners and White House Water Group.
Does Water Asset Management have an API?
No public API is recorded for Water Asset Management.
What industry is Water Asset Management in?
Water Asset Management's product category is Water-focused Hedge Fund Management. Its primary akta.pro industry code is FSANAEAE, Environmental & Resource Efficiency Funds (Water, Waste, Recycling, Efficiency), with a secondary code of EUAEAMAH, Water & Wastewater Infrastructure Asset Management. Its NAICS code is 52394 and its SIC code is 6282.