Tailwater Capital
Private equityDallas · Growth · 45 people tracked
Also known as TW-IM, LLC
Find your way into Tailwater Capital
10 people in our graph share verified history with the Tailwater Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Tailwater Capital invests responsibly in energy and infrastructure, applying a research-driven, full-immersion approach to identify opportunities across the energy value system. The firm emphasizes natural gas's role in the global energy transition, targeting infrastructure such as gathering, processing, storage, and distribution backed by long-term, inflation-protected contracts. It also pursues environmental solutions including carbon capture and sequestration, wastewater treatment, and energy by-product recycling. Through its Tailwater E&P arm, the firm invests in non-operated and operated upstream positions plus minerals and royalties in Tier 1 basins across the Lower 48. Tailwater partners closely with management teams to create value for investors, teams, and counterparties.
Source: firm website, verified Sep 29, 2026.
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Team · 45 people
from the firm's website & public directoriesWhat they invest in
from 5 of 27 portfolio companiesEnergy ×4Cleantech ×2Logistics & Supply Chain ×2Circular Economy ×1New Materials ×1
HQs:United States×4
Investments · 27 tracked
founders shown can be your intro pathBy year:2021 · 12019 · 12 dated
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 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 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 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
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
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Ash Creek RenewablesBlackbrush TexstarBlue TideCentral MidstreamContinuus MaterialsCopperbeck Energy PartnersCureton MidstreamE2 Energy ServicesElevate Midstream Partners IiFreestone Acquisition CorpFrontier Infrastructur HoldingsNortexPetrowaste EnvironmentalRegency Energy PartnersRenovo ResourcesSouthcross EnergyTailwaterepTall Oak MidstreamTextar Midstream LogisticsTriten Energy PartnersVerdad ResourcesWtg Energy
Portfolio news
latest coverage across their companiesSilver Creek Midstream · prnewswire.com · Sep 16, 2026
Fund performance · per public LP disclosures · 2
as of Dec 2024| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Tailwater Energy Fund IV, L.P.LPs: Sacramento County Employees' Retirement System, Baltimore City Employees' Retirement System, Robert Wood Johnson Foundation | 2020 | — | 17.5% | 1.53x | 0.51x |
| Tailwater Energy Fund III LPLPs: Sacramento County Employees' Retirement System, Robert Wood Johnson Foundation | 2017 | — | 1.4% | 1.06x | 0.50x |
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 Cleantech, Climate Tech, Energy, New Materials.
- Where is Tailwater Capital located?
- Tailwater Capital is headquartered in Dallas, US.
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