Who We Are

Tailwater Capital LLC is a growth-oriented middle market private equity firm focused exclusively on the energy industry. Tailwater has a well-established track record of working constructively with proven management teams to deliver value-added solutions to our partner companies. We currently manage over $3.7 billion in committed capital.

Our History

With a proven track record consisting of more than 100 transactions across the upstream and midstream sectors representing $20 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.


Jason Downie and Edward Herring, 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.

Customized Approach

A “one-size-fits-all” approach to private equity often risks falling short of achieving the goal. A focus on alignment from the start makes Tailwater Capital a preferred source of private equity capital for leading energy entrepreneurs.
Tailwater Capital’s wealth of experience in the oil & gas industry and ability to navigate complex transactions with speed and creativity has consistently put our company in a position to excel.
— Fritz Brinkman, CEO of Align Midstream