Investor letters
Third-quarter letter, 2026
Our letter to the partners in our funds for the third quarter of 2026: two new commitments, a partial sale of Payfield, and progress at Albedo and Juniper.
Grant Holloway and Sofia Ortega
Investor letters
Our quarterly and annual letters to the partners in our funds, published in full.
Investor letters
Second-quarter letter, 2026
Our letter to the partners in our funds for the second quarter of 2026: two new Fund V investments, early results at Amperra and Kiln, and where Fund III stands after Ostra.
Grant Holloway and Sofia Ortega
Investor letters
Annual letter, 2025
Our annual letter to the partners in our funds: closing Fund V, the sale of Ostra, Tidewater's first year as a public company, and the first five Fund V investments.
Nadia Mensah and Theo Marchetti