Stephen Lipscomb Jr., principal at Dallas-based private equity firm Tailwater Capital LLC, is today’s featured Forty Under 40 honoree.
Lipscomb’s oil and gas career began following his time at JP Morgan, Brazos Private Equity Partners and an MBA from the McCombs School of Business at The University of Texas at Austin. Networking led him to the oil and gas industry. Amid the shale revolution’s onset, he joined Crestwood Midstream Partners, an experience that set the foundation for his career today at Tailwater Capital where he has led deal teams to complete key transactions for the private-equity firm.
Notable transactions include forming Silver Creek Midstream, closing the 2017 acquisition of the Red Butte crude system with Silver Creek and structuring Silver Creek’s joint ventures in the Powder River Basin. Lipscomb also helped close the firm’s 2020 fundraise for Energy Fund IV at $1.1 billion in total commitments including co-investments.
“I am extremely proud of the efforts of our entire team to raise that fund during a very challenging fundraising environment,” he said.
And despite the challenging environment the industry currently faces, Lipscomb remains passionate about the industry’s strategic relevance and the opportunity set in front of Tailwater.
“My experiences at JPMorgan, Brazos Partners, Crestwood and now Tailwater have all shaped who I am as a person and a leader. ... The founders of Tailwater, though, have been singularly influential to me as an executive,” he said. “They have an incredibly close relationship and work seamlessly together while bringing complementary skill sets to the table. It’s been a great blueprint for how to successfully partner with someone and create an environment in which others can flourish.”
Click here for Stephen Lipscomb’s complete profile.
Take a look at all of the Forty Under 40 honorees.
Recommended Reading
Venture Global’s Calcasieu Pass LNG Project Gets Boost from FERC
2025-02-07 - The Federal Energy Regulatory Commission released a report responding to an appellate court’s questions over Venture Global LNG’s Calcasieu Pass 2 project.
Energy Transition in Motion (Week of Feb. 7, 2025)
2025-02-07 - Here is a look at some of this week’s renewable energy news, including a milestone for solar module manufacturing capacity.
Paisie: Assessing an Uncertain Energy Future in Three Scenarios
2025-02-07 - Several years ago, Stratas Advisors developed three long-term energy scenarios. A scenario depicting greater market volatility in an increasingly unstable world is appearing more likely.
GPA Midstream Files Petitions Against Methane Tax
2025-02-07 - The GPA Midstream Association joins a number of states that have filed a suit against the implementation of a waste emissions charge.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.