Lauren brings institutional private credit and large-scale impact investment experience to the role; Paul O’Connell continues as CEO.

WaterEquity recently announced that Lauren Ferstandig has been appointed President, effective October 1, 2026. Paul O’Connell, who has served as WaterEquity’s President and CEO since 2019, will continue as CEO.
As President, Lauren will have responsibility for the general and active management of the business of the company and will report to the Council of Directors, WaterEquity’s primary governance and oversight body.
Since joining WaterEquity in April 2025 as Managing Director and Chief Strategy Officer, Lauren has worked closely with the firm’s investment teams to sharpen how deals move through the investment process, strengthen pipeline origination and execution, and build out team capacity, including bringing in new leadership for its private equity strategy. She has also led the development of new capital structures designed to grow WaterEquity’s investor base and respond to evolving market demand. Her appointment as President reflects these contributions and positions her to take a broader leadership role as WaterEquity continues to scale.
Paul O’Connell, Chief Executive Officer, WaterEquity said, “It has been a pleasure to work with Lauren since she joined WaterEquity 18 months ago. In that time, she has had a measurable impact on how we operate and how we position ourselves for growth. Her know-how, creativity, and energy have already produced strong results for us in creating new product lines and in adapting to the challenging external environment.”
As CEO, Paul will continue to serve on the Council of Directors and will remain on WaterEquity’s private debt and private equity investment committees.








