Tailwater co-founders on this “peaking moment” for oil and gas private equity

When the co-founders of Dallas oil and gas private equity firm Tailwater Capital dug into their portfolio recently, they hadn’t realized how many bets they’ve made on local talent in their own backyard.

Jason Downie and Edward Herring have spent their careers in Dallas. Since forming Tailwater in 2013, they’ve sold about one dozen companies with management based in Dallas …

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