Nearwater Capital

Overview

Nearwater Capital is a specialty finance company headquartered in New York, NY[1][9], with additional offices in London, Dublin and Toronto[9]. The company describes itself as focused on providing asset-based financing solutions for financial institutions and securitization sponsors[3]. Nearwater Capital operates three business segments: Risk Retention Solutions, Liquid Markets and Capital Markets[4]. Its Risk Retention Solutions business provides financing for risk retention interests retained under Dodd-Frank and EU Securitisation Regulation requirements for sponsors and originators across multiple asset classes[5]. The company's Capital Markets business has been operating in the United States since 2022[7]. Nearwater Capital Markets, Limited is a registered Security Based Swap Dealer regulated by the SEC, while Nearwater Capital Markets Europe, Limited is a registered MiFID Investment Firm regulated by the Central Bank of Ireland[6]. The company is led by Founder & Managing Partner James M. Peterson and employs approximately 95 people[8].

The company's own site places it in New York: Company location stated as 'New York, NY' at top of page. [2]

Nearwater Capital lists New York, NY as its headquarters, with additional offices referenced in London, Dublin and Toronto. [9]

Business address: 375 Park Avenue, New York, New York, 10152. [10]

Growth & traction

Nearwater Capital's Capital Markets page states the business has been "operating in the United States since 2022", positioning itself as "a superior hedging / regulated counterparty for dealers". [7]

Nearwater Capital's team page lists roughly 95 people, led by Founder & Managing Partner James M. Peterson with Senior Managing Directors including Christopher R. Conetta, COO Neal Barbiero, General Counsel Scott Kimmel, CAO Stephen Yarad and CCO Ursula Clay. [8]