Private EquityRIA · CRD 169123SEC-RegisteredPrivate Fund Adviser

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Waveland Investments

Waveland Investments is an SEC-registered investment adviser based in Highland Park, IL, registered since 2014. It advises clients on investment strategies...

Waveland Investments

Waveland Investments is an SEC-registered investment adviser based in Highland Park, IL, registered since 2014. It advises clients on investment strategies from its Highland Park headquarters. The firm is headquartered at this location.

General information

Firm type

Private Equity

Year founded

2017

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Highland Park

Corporate office

Glencoe, IL, United States

Principals

Aina Hatano

CEO

Sector focus

Enterprise Software

Frequently asked questions

Who runs investment decisions at Waveland Investments?

CEO Aina Hatano leads the firm's investment direction. She brings founder-level experience from multiple company exits, which shapes Waveland's focus on buyouts, growth investments, and corporate carve-outs through its Waveland Capital and Waveland X arms.

How does Waveland source proprietary deal flow?

Waveland generates a portion of its pipeline through 'Waveland X,' its startup incubation unit. The firm builds companies internally and presents them as pre-order M&A targets, a method covered by Forbes Japan in April 2024. This internal origination supplements its advisory-driven deal sourcing across tech hubs including Silicon Valley and Tokyo.

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

Waveland operates as a private equity firm rather than a single family office. It provides capital through buyout, growth, and turnaround investments and manages a startup incubation business via Waveland X, which develops companies toward eventual strategic exits.

Does Waveland participate in fund commitments or only direct deals?

Waveland's disclosed activity shows direct deal execution, including the April 2025 divestiture of its portfolio company 'Smart Chosei' and a business alliance for Athdemy in December 2023. The firm's public materials emphasize company-level transactions over fund-of-funds commitments.

What investment stages does Waveland typically target?

Waveland's strategy spans buyout, growth, and turnaround stages. Its Waveland X division also handles venture-level startup incubation, while its capital division supports later-stage fundraising and exit execution for technology companies.

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