Tailwater Capital
Private equityDallas Β· Growth Β· 2 people tracked
Also known as TW-IM, LLC
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 Aug 25, 2026.
Team Β· 2 people
from the firm's websiteWhat they invest in
from 5 of 28 portfolio companiesEnergy Γ4Cleantech Γ2Circular Economy Γ1Logistics & Supply Chain Γ1New Materials Γ1
HQs:United StatesΓ4
Investments Β· 28 tracked
founders shown can be your intro pathAlign 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
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)John Schaufele(Director)Alexander King(Director)Robert Miles(Executive Officer, Director)Richard Tite(Director)
Producers Midstream II operates energy midstream infrastructure, providing gathering and transportation services for oil and gas producers.
EnergyDallas, US
Goodnight Midstream builds, operates, and maintains produced water pipeline infrastructure for oil and gas producers, handling full-cycle oilfield water management in place of truck logistics.
CleantechEnergyLogistics & Supply Chain
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
Fund performance Β· per public LP disclosures Β· 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 | β | 17.5% | 1.53x | 0.51x |
| Tailwater Energy Fund III LPLPs: Sacramento County Employees' Retirement System, Robert Wood Johnson Foundation | 2017 | β | 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 Energy.
- Where is Tailwater Capital located?
- Tailwater Capital is headquartered in Dallas, US.
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