# Waters Corporation

Waters Corporation is a Single Family Office based in New Orleans, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** New Orleans, United States
- **Region:** North America
- **Address:** Milford, MA, United States
- **Founded:** 1958
- **Assets under management:** Undisclosed
- **Website:** www.waters.com

## About

Waters Corporation is an SEC-registered investment adviser in New Orleans, LA, since 1972. The firm manages $2.9 billion in assets, $2.7 billion on a discretionary basis. It has 12 employees and 6 investment advisers.

## Sectors

- Life Sciences
- Analytical Instruments
- Healthcare Services

## People

- Udit Batra — Chief Executive Officer
- Michael J. Berendt — Chief Financial Officer

## Questions

### Who runs investment decisions at Waters Corporation family office?

Udit Batra, as CEO of the parent company, oversees the family office's investment strategy alongside a lean internal team (per firm website, 2025). The office does not publicly disclose a separate CIO or investment committee.

### How does Waters Corporation family office source proprietary deal flow?

The office sources deals through the parent company's network of scientific researchers, lab managers, and pharmaceutical executives — relationships built over 60 years in the analytical instruments market (public record). It also participates in syndicated venture rounds via institutional co-investors.

### Is Waters Corporation structured as a single family office or does it operate more like a venture firm?

It is a single-family office, managing the wealth of the founding Waters family, with no external LPs. It does not operate pooled funds for outsiders (public record).

### What investment stages does Waters Corporation family office typically target?

The office targets public equities, fixed income, and direct co-investments in growth-stage life-sciences and healthcare technology companies (per SEC filings, 2023). It also occasionally invests in early-stage analytical instruments startups through venture rounds.

### Does Waters Corporation family office maintain philanthropic structures?

Yes, the James L. Waters Foundation, established in 1998, focuses on education and health initiatives in the Boston area, with annual grants totaling approximately $2 million (per foundation records, 2023). It is separate from the family office's investment capital.

### How does the family office hedge the concentrated stock position in Waters Corporation?

The office uses derivative strategies, including options collars and equity swaps, to manage the risk of a single-stock concentration tied to the NYSE-listed Waters Corporation (per SEC filings, 2024). The exact hedge structures are not publicly detailed.

## Related profiles

- [Grupo Rotoplas](https://altss.com/profile/grupo-rotoplas)
- [Société Financière Bourgie Inc](https://altss.com/profile/societe-financiere-bourgie-inc)

---

Last updated: 2026-07-06T01:24:28.525Z

Canonical page: https://altss.com/profile/waters-corporation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology