About Us


Tailwater Capital LLC is a highly specialized middle market private equity firm focused exclusively on the energy industry. Tailwater has a strong history of creating solutions oriented, value-added partnerships with experienced management teams to invest growth equity across the midstream and upstream sectors.

Edward Herring and Jason Downie, the Firm’s two Managing Partners, co-founded Tailwater Capital in 2013 to be the preferred source of private equity capital for the energy industry. Tailwater currently manages $1.7 billion in committed capital.
With a well-established track record consisting of more than 65 transactions in the upstream and midstream sectors representing $16.6 billion of value, the firm believes that alignment of interests and a long-term partnership approach are two of the key components to creating a strong foundation for a successful investment.

A “one-size-fits-all” approach to private equity often risks falling short of achieving this goal, and a focus on alignment from the start makes Tailwater Capital a preferred source of private equity capital for leading energy entrepreneurs.