Three Waters Financial

Investment decisions at Three Waters are driven by the Cuervo family principals, often operating through the holding company structure set up alongside the Jose Cuervo enterprise. The office does not publicly list a CIO or investment committee, and its lean staffing model suggests a tight, family-led approval process for the handful of direct deals it pursues each year.

Three Waters Financial is a separate investment vehicle funded by the family's asset sales and dividends from Jose Cuervo, the globally dominant tequila brand that listed on the Mexican stock exchange in 2018 as Becle, S.A.B. de C.V. The family retained a significant minority stake in Becle post-IPO, and the ongoing cash flows from that stake continue to fund the office's investment activity. The office's consumer and real estate deals often have strategic adjacency to the spirits brand's global distribution footprint.

The office has no public record of standard venture investing in early-stage technology startups. Its mandate skews toward hard asset real estate and control-stake acquisitions in mature consumer and luxury brands, consistent with a family that built its wealth through a centuries-old operating business rather than financial services.

The office concentrates its real estate exposure in luxury South Florida properties, particularly waterfront and hospitality-linked assets. A known holding has been the Cuervo Surfcomber hotel on Miami Beach, a property that demonstrates the family's approach of treating real estate not as a financial portfolio but as a real-asset complement to the family's brand identity in leisure and entertainment.

There is no evidence that Three Waters Financial manages third-party capital or markets co-investment opportunities to outside families. It operates as a pure single-family office, and its deal structures — often direct acquisitions without institutional co-investors — support a preference for control and privacy.