Tailwater Capital LLC

Has closed Tailwater Energy Fund III LP at its hard-cap of $900 million and raised a $100 million co-investment for a platform company in the fund, bringing total commitments to $1 billion.

Tailwater is led by founding partners Jason Downie and Edward Herring, who have worked together for nearly two decades and executed more than 100 transactions in the energy sector representing over $18.8 billion of transaction value. Since launching in 2013, Tailwater has raised more than $2.7 billion across its funds and co-investments.