Water Street Capital provides portfolio management for pooled vehicles. The firm advises 5 private funds.
Water Street Capital reports 5 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($1.42B across 5 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 5 | $1.42B | 100.0% | $283M |
| Total | 5 | $1.42B | 100% | $283M |
- Clients
- 5
- Regulatory AUM
- $1.42B
- AUM share
- 100.0%
- Avg. per client
- $283M
Total
- Clients
- 5
- Regulatory AUM
- $1.42B
- AUM share
- 100%
- Avg. per client
- $283M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 5
- Financial planning clients last fiscal year
- 0
Water Street Capital is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Gilchrist Berg owns 75% or more of Water Street Capital. The leadership team of Water Street Capital includes President Gilchrist Berg. It has 16 employees, 5 of them in advisory roles.
Staff
- 16 employees
- 5 in advisory functions
- Owns 75% or more of Water Street Capital, Inc.
Gilchrist Berg
Control person · since July 1987
Water Street Capital’s regulatory assets fell from $1.64B (March 2021) to $1.42B (March 2026); clients were 5 in both filings and employees fell from 17 to 16.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $1.42B | 5 | 16 | 1 |
| Mar 2025March 2025 | $1.7B | 5 | 17 | 1 |
| Mar 2024March 2024 | $2.06B | 5 | 18 | 1 |
| Apr 2023April 2023 | $1.73B | 5 | 16 | 1 |
| Mar 2022March 2022 | $1.59B | 5 | 16 | 1 |
| Mar 2021March 2021 | $1.64B | 5 | 17 | 1 |
Besides its headquarters, Water Street Capital has 0 offices, with 1 listed address in 1 state.
Florida · 1 listed address
- 4306 Pablo Oaks Court, JacksonvilleHQ
Contact and registration details
- Legal name
- Water Street Capital, Inc.
- Headquarters
- 4306 Pablo Oaks Court, Jacksonville, FL 32224
- Website
- wscapital.com
- Phone
- 904-355-5959
- SEC file
- 801-73810
- Structure
- Florida corporation
- Fiscal year end
- December
Water Street Capital has custody of client assets.
How many clients does Water Street Capital have?
Water Street Capital has 5 clients and manages $1.42 billion for them, as of March 2026. They include 5 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Water Street Capital offer?
Water Street Capital provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Water Street Capital have?
Water Street Capital has 0 investment adviser representatives registered with state securities authorities, out of 16 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Water Street Capital?
Water Street Capital’s direct owner is Gilchrist Berg (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Water Street Capital get paid?
Water Street Capital is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Water Street Capital?
Water Street Capital’s main office is at 4306 Pablo Oaks Court, Jacksonville, FL 32224. Its phone number is 904-355-5959. Its website is wscapital.com.