Sweetwater Private Equity | 2,370 followers on LinkedIn. Sweetwater is a private equity firm headquartered in Encinitas, California, focused on secondary investments in buyout and growth-stage companies. The firm specializes in concentrated, single-asset positions, providing tailored liquidity solutions to GPs, company management, founders, and LPs. Sweetwater gains access by acquiring direct and structured secondary stakes, enabling stakeholders to achieve liquidity while maintaining long-term alignment with the company’s continued growth.