Fundraising Fox

Tailwater Capital

Private equity

Dallas · Growth · 5 people tracked

Also known as TW-IM, LLC

Find your way into Tailwater Capital

7 people in our graph share verified history with the Tailwater Capital team — schools, employers, funds. One of them is your warm intro.

Rick Waddellunlockedknows Roger Fox · together at BG Group (overlapped)
×5knows the team · via BG Group
knows the team · via Tailwater Capital
Fox Verdict
Sign up to see your fit

Investment thesis

Tailwater E&P invests in upstream oil and gas assets across the Lower 48, focusing on minerals, royalties, non-operated, and operated positions. It emphasizes core basins including the Permian, Eagle Ford, Haynesville, and Williston, using a data-first approach and proprietary technology to underwrite and acquire assets. The team backs proven operators and seeks to fill a gap created by underinvestment and limited capital availability in U.S. energy, delivering long-term value through market cycles while helping meet U.S. energy needs safely and reliably.

Source: firm website, verified Sep 15, 2026.

Stage
Growth
HQ
Dallas, US
Instruments
Equity
Founded
2013
AUM
$4B
Tracked investments
28

Team · 5 people

from the firm's website & public directories
Brian Blakeman· Executive Officer
Edward Herring· Executive Officer
Jason Downie· Executive Officer

What they invest in

from 5 of 28 portfolio companies

Energy ×4Cleantech ×2Logistics & Supply Chain ×2Circular Economy ×1New Materials ×1

HQs:United States×4

Investments · 28 tracked

founders shown can be your intro path
Align Midstream Partnersalignmidstream.comin✓ verified

Align Midstream II is a midstream energy company; the site's only content is a press release announcing its sale to M6 Midstream, without further detail on its operations.

Energy

Goodnight Midstreamgoodnightmidstream.comin✓ verified

Goodnight Midstream provides infrastructure and services in the oil and gas midstream sector, serving energy companies operating in major basins including the Permian, Bakken, and Eagle Ford.

CleantechEnergyLogistics & Supply ChainDallas, US

Robert Rubey(Chief Commercial Development Officer, Co-founder)inPatrick Walker(Co-founder)in

Momentum Technologiesmomentum.technologyinDec 2021✓ verified

Momentum Technologies develops modular, localized processing technology to recover high-purity, reusable critical minerals and metals from sources such as spent batteries and electronic waste.

Circular EconomyCleantechNew MaterialsAubrey, US

Preston Bryant(Founder)inJohn Schaufele(Director)Alexander King(Director)Robert Miles(Executive Officer, Director)inRichard Tite(Director)

Producers Midstreamproducersmidstream.comin✓ verified

Producers Midstream operates pipeline, plant, and project infrastructure with a focus on system performance and customer support in the energy sector.

EnergyLogistics & Supply ChainDallas, US

Jim Bryantin

Ash Creek Renewables
Blackbrush Texstar
Blue Tide
Central Midstream
Continuus Materials
Copperbeck Energy Partners
Cureton Midstream
E2 Energy Services
Elevate Midstream Partners Ii
Freestone Acquisition Corp
Frontier Infrastructur Holdings
Momentum Technologies
Nortex
Petrowaste Environmental
Regency Energy Partners
Renovo Resources
Silver Creek Midstreamscmidstream.com

Silver Creek Midstream is a private midstream company providing crude oil gathering, transportation, and storage services in Wyoming, serving the Powder River, Big Horn, and Wind River Basins.

EnergyIrving, US

Southcross Energy
Tailwaterep
Tall Oak Midstream
Textar Midstream Logistics
Triten Energy Partners
Verdad Resources
Wtg Energy

Fund performance · per public LP disclosures · 2

as of Dec 2024
FundVintageCommittedNet IRRTVPIDPI
Tailwater Energy Fund IV, L.P.LPs: Sacramento County Employees' Retirement System, Baltimore City Employees' Retirement System, Robert Wood Johnson Foundation202017.5%1.53x0.51x
Tailwater Energy Fund III LPLPs: Sacramento County Employees' Retirement System, Robert Wood Johnson Foundation20171.4%1.06x0.50x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Tailwater Capital made?
Tailwater Capital has 27 tracked investments.
What stage does Tailwater Capital invest at?
Tailwater Capital invests at the Growth stage.
What sectors does Tailwater Capital focus on?
Tailwater Capital focuses on Energy.
Where is Tailwater Capital located?
Tailwater Capital is headquartered in Dallas, US.

Similar investors

Featured in lists