Back to Team

Dale S. Okonow

Senior Partner

Dale Okonow (  is a Partner of The Watermill Group. He is involved in the day-to-day operations of the firm, including oversight of financial and operational functions, the negotiation and financing of acquisitions, and oversight and divestitures of portfolio companies.

Mr. Okonow returned to the Watermill Group in 2009. From 2001 to 2007 Mr. Okonow was a Partner, President and Chief Operating Officer of Sawyer Realty Holdings, LLC, a leading privately-held, fully-integrated US multifamily real estate investment and management firm based in Needham, MA and College Park, MD.

Prior to joining Sawyer, Mr. Okonow served as General Counsel and Chief Financial Officer of HMK Enterprises, Inc. from 1988 to 1991, and then Managing Partner of Watermill Ventures from 1991 to 2001. Prior to joining HMK Enterprises, Inc., Mr. Okonow was a practicing attorney with the law firm of Proskauer Rose LLP in New York City, where he worked as a corporate lawyer primarily in the area of mergers and acquisitions and related financing.

Mr. Okonow serves on the Board of Trustees of the Jewish Family & Children’s Service of Greater Boston where he founded the Parkinson’s Family Support Program at that social services agency. He also serves on the Hematology Oncology Visiting Committee of the Dana-Farber Cancer Institute in Boston, where he helped establish the Okonow/Lipton Family Lymphoma Research Fund. He also serves on the Board of Directors of the iF Foundation, a New York-based charitable foundation which provides interest-free loans to impoverished people in Haiti and Ghana to give them the opportunity to start their own small businesses. He is a member of the Board of Trustees and the Development Committee of Combined Jewish Philanthropies of Greater Boston (CJP) and served as the co-chair of the 2012 CJP Annual Campaign, a member of the Board of Trustees of the Temple Beth Elohim (Wellesley, MA) Endowment, the Board of Trustees of The Rashi School in Dedham, MA, the Boston-area Reform Jewish Day School and the Board of Directors of the Friends of Yemin Orde Youth Village, which is located in northern Israel.

He received a B.S. (with distinction) from Cornell University in 1978, and a J.D. (magna cum laude) and M.B.A. from Cornell University in 1983. An avid Red Sox, Celtics and Patriots fan, Mr. Okonow and his wife Marilyn live in Needham, MA, and have two children. He and his son have been actively involved in the Special Olympics of Massachusetts and together have coached a Special Olympics basketball team in Belmont, MA for the past five years. He enjoys playing golf and tennis, and coaching youth basketball and baseball teams.