Goodwater Capital holds initial close for Goodwater Capital III

Goodwater Capital has held an initial close for Goodwater Capital III, L.P., securing US $#Subscribers ONLY – where and how did you get your news? Subscribe today to see our research on this and all other subscriber ONLY news. Be informed!#

Goodmans LLP served as the Canadian counsel to San Mateo, California based Goodwater Capital.

With a target of US $350 million, Goodwater Capital’s third fund will be almost as large as its previous two funds combined. Goodwater Capital raised US $130 million and US $250 million for Fund I and II in 2014 and 2017 respectively.

Founded by Chi-Hua Chien, formerly a General Partner at Kleiner Perkins Caufield & Byers, and Eric J. Kim, formerly a Managing Director at Maverick Capital, Goodwater Capital focuses exclusively on consumer tech companies. Goodwater Capital’s Canadian portfolio company includes Modasuite dba Frank and Oak.

photo credit: Goodwater Capital

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal,,, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's, Canada's most sophisticated and advanced all private capital and public market financing database.