Sweetwater Private Equity

**Summary:** Sweetwater Private Equity, operating as Sweetwater Investment Management LLC, is a registered investment adviser specializing in private equity investments. Established in April 2018, the firm became an SEC-registered adviser in December 2019. The firm provides advisory services on a discretionary basis to privately offered pooled investment vehicles. Sweetwater may offer co-investment opportunities to fund investors based on its discretion. The firm manages over $1.2 billion in regulatory assets under management as of December 31, 2024. For fee structure, Sweetwater charges asset-based management fees ranging from 0-1.5% per annum. Management fees are paid quarterly in advance. The firm does not participate in wrap fee programs. Sweetwater may receive carried interest distributions upon the disposition of portfolio investments. Investment strategies focus on secondary private equity investments in high-performing companies. The firm discloses potential risks inherent in private equity investing, illiquidity of investments, and conflicts of interest. Sweetwater has a Code of Ethics to address conflicts and maintains discretion over client accounts. The firm does not engage in trading transactions but seeks best execution when necessary. Sweetwater provides annual audits for client accounts and may vote proxies in the best interests of clients. Clients should carefully review the firm's offering documents and consult with advisors before investing. Sweetwater has no reportable disciplinary events and maintains financial stability to meet contractual commitments. The firm has not been subject to bankruptcy petitions in the past ten years.