TAILWATER CAPITAL
TAILWATER CAPITAL is a Series C+ fund in the US writing $25M–$100M checks into Climate, environmental-infrastructure, natural-gas, delivery-logistics-infrastructure, carbon-capture-sequestration, wastewater-treatment and recycling.
- Stages
- Series C+
- Sectors
- Climate, environmental-infrastructure, natural-gas, delivery-logistics-infrastructure, carbon-capture-sequestration, wastewater-treatment, recycling
- Check size
- $25M–$100M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2013
- Assets under management
- $6B+
Thesis
Tailwater Capital is a Dallas-based private equity firm founded in 2013 that invests in the energy and environmental infrastructure sectors. Their investment thesis focuses on identifying and scaling businesses that enhance efficiency, reliability, and long-term performance, especially in areas that address market bottlenecks and support the transition to a lower-carbon economy. They target growth-oriented investments in energy supply (upstream, midstream, oilfield services), delivery & logistics infrastructure (gathering, processing, storage, distribution), and environmental infrastructure (CCUS, wastewater treatment, recycling). Tailwater Capital employs a 'Full Immersion' approach involving deep sector research and industry engagement, partnering with experienced management teams. They typically invest between $25 million and $100 million in equity in lower-to-middle market companies, often taking a lead or significant follow role. The firm has raised over $6 billion in committed capital and reported approximately $3.97 billion in regulatory assets under management as of December 31, 2025. Their geographic scope is primarily North America, with a strong emphasis on the United States.
Common questions
Does TAILWATER CAPITAL invest at the Series C+ stage?
Yes. TAILWATER CAPITAL lists Series C+ among the stages it invests in.
What check size does TAILWATER CAPITAL write?
TAILWATER CAPITAL writes $25M–$100M checks.
Where does TAILWATER CAPITAL invest?
TAILWATER CAPITAL invests in the US.