
TAILWATER CAPITAL IS A DIVERSIFIED, MIDDLE-MARKET PRIVATE EQUITY FIRM ON A MISSION TO CREATE NEEDED ENERGY AND GROWTH INFRASTRUCTURE SOLUTIONS THAT IMPROVE HUMAN LIFE.
Expertise and Integrity - Our Co-Founders


Jason Downie and Edward Herring
have worked together for more than two decades, investing $4.4 billion through four distinct commodity price cycles. During this time, they learned the value of being in the flow of the energy value chain, specialization, and moving with dexterity to identify and capitalize on emerging trends.
In 2013, Jason and Edward founded Tailwater Capital to focus on their private equity expertise on investments that improve human life through energy and growth infrastructure. As career-long partners, they instilled in the firm a spirit of teamwork, entrepreneurship, and a desire to build best-in-class businesses that serve society. They understand committing to a sector means long-term personal relationships and investment for mutual success.
What Defines a Tailwater Investment?
Target investment characteristics
01
Platforms across Energy Supply, Delivery and Logistics Infrastructure, and Recycling and Byproduct Management subsectors
02
Investment theses that build on proprietary knowledge from these diversified positions
03
Middle market; smaller, less competitive transactions where relationships are key
04
Portfolio company partners with significant basin and operating experience to position for growth
05
Strong thematic and compensatory alignment with management teams
06
Rigorous underwriting and conservative use of leverage to withstand cyclicality
07
Balanced portfolio construction throughout the energy and growth infrastructure sectors
08
Shared culture of respect, trust, and loyalty

With significant transactional and operational experience, Tailwater consistently helps us position our company for success in a dynamic market.