Tailwater Capital Closes Energy Fund II At $650 Million
DALLAS, Dec. 15, 2014 /PRNewswire/
Tailwater Capital LLC (“Tailwater”), an energy-focused private equity firm, announced today the closing of its third fund, Tailwater Energy Fund II LP (“Fund II”) at $650 million. Since launching in 2013, Tailwater has raised more than $1.4 billion across three funds, Tailwater Energy Fund I, Tailwater E&P Opportunity Fund and the recently closed Fund II. The team will leverage its considerable experience to invest Fund II across the midstream value chain and seeks to extend its successful track record.