Investing in the Future of Energy & Infrastructure
Tailwater Capital is a Dallas-based private equity firm with ~$5B in committed capital and a strong track record in energy and infrastructure. Through a research-driven, Full Immersion approach, we partner with top management teams to build scalable, sustainable assets that address bottlenecks in the market.
MISSION
We create energy and infrastructure solutions that improve human life.
VISION
To be the most trusted partner in energy and infrastructure investing.
With over 235+ transactions totaling more than $26 billion in value, Tailwater applies a disciplined investment process grounded in deep sector research and direct industry engagement.
Our proprietary deal flow and focus on reliability, efficiency, and sustainability allow us to identify and execute opportunities that drive long-term value across the energy and infrastructure landscape.
VALUES
Uncompromising Integrity
We uphold our commitments with accountability, treat all individuals with respect, and make decisions with honesty and transparency.
Unyielding Work Ethic
We bring maximum effort, embrace challenges with determination, and pursue continuous improvement with intellectual curiosity.
Unparalleled Teamwork (we vs. me)
We succeed together by supporting one another, embracing diverse perspectives, and fostering a culture of trust and collaboration.
Expertise & Integrity — OUR CO-FOUNDERS

Jason Downie and Edward Herring have worked together for more than two decades, investing over $5 billion through multiple commodity price cycles.
In 2013, they founded Tailwater Capital to invest in infrastructure solutions that optimize efficiency, reliability, and long-term performance. Their approach centers on strong relationships and top-tier management teams to scale businesses that drive meaningful industry impact.
Experience through energy cycles
At Tailwater, we adopt a diversified platform to address the growing energy demand. Our Full Immersion strategy encompasses investment opportunities in a broad range of energy and infrastructure solutions. Committed to harnessing the potential of various energy sources, we continuously innovate and invest in technologies that enhance efficiency while reducing environmental impact.