Tailwater Announces Promotions of David Cecere and Stephen Lipscomb
DALLAS December 21, 2017 – Tailwater Capital LLC (“Tailwater”), a Dallas-based private equity firm, announced today the promotions of David Cecere and Stephen Lipscomb to Partner and Principal, respectively.
Mr. Cecere joined Tailwater at inception and is responsible for deal sourcing, transaction execution, and portfolio oversight. Prior to joining Tailwater, Mr. Cecere was an Associate with HM Capital where his primary responsibilities included evaluating, executing, and monitoring investments in the energy portfolio.
Mr. Lipscomb joined Tailwater in March of 2016 and is responsible for evaluating, executing, and monitoring the firm’s investments. Prior to joining Tailwater, Mr. Lipscomb was a Senior Director with Crestwood Equity Partners, a publicly-traded midstream-focused master limited partnership.
About Tailwater Capital LLC
Dallas-based Tailwater Capital is a sophisticated, growth-oriented energy private equity firm with a well-established track record, having executed more than 35 energy transactions representing over $11 billion in transaction value. Tailwater currently manages over $1.4 billion in equity capital, over $700 million of which is available for new investments. Tailwater is focused on acquiring and growing midstream assets as well as participating in non-operated upstream opportunities in select basins. For more information, please visit www.tailwatercapital.com.