Watermill is one of the oldest independent sponsors in the industry, and for the last seven years, Julia Karol was primarily responsible for managing relationships with the firm’s investors. However, in July, Karol was promoted to chief operating officer and president of the firm. She now splits her time between managing the operations of Watermill and working with portfolio companies on strategy execution.

“Following my promotion, I now provide support to Watermill’s portfolio companies with emphasis on strategic implementation and organizational development as well as manage the Watermill Group’s operations,” says Karol.

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