LongWater Closes $100M Institutional Fund
Feb 08, 2022
LongWater Opportunities, a private equity firm based in Dallas, TX and Fargo, ND, announced the closing of its third fund, LWO Fund III, LP, an institutional fund. LongWater exceeded its $100 million target, receiving strong support from both new and existing investors.
Established in 2009, LongWater is led by founding partners Jordan Bastable and Brooks Burgum and their team of seasoned investment professionals and operators. Fund III will expand upon LongWater’s strategy of partnering with family-owned American manufacturing companies. The firm continues to expand its team and is actively hiring for both the Dallas and Fargo offices.
About LongWater Opportunities
Founded in 2009, LongWater is a private markets investor with offices in Fargo, ND, Dallas, TX and St. Louis, MO. The firm is a premier access point to the lower-middle market because of their deep expertise, relationships, and institutional scale. Their Capital Solutions team offers multi-faceted strategies for achieving proven, repeatable results, including private credit, minority equity and LP commitments. On the Private Equity side, they target majority positions in unique, high-potential lower-middle-market businesses within industrial and geographic spaces they know well. To learn more, visit longwateropportunities.com.