Tailwater Capital

TW-IM, LLC is a registered investment adviser specializing in providing discretionary investment advice to private equity funds focused on the oil and gas industry. Established in 2013 in Dallas, TX, by Managing Partners Jason Downie and Edward Herring, the firm seeks long-term capital appreciation through equity investments in domestic oil and gas companies. As of December 31, 2024, TW-IM, LLC manages approximately $3.4 billion in regulatory assets under management on a discretionary basis. Clients generally pay management fees ranging between 0 - 2% of their aggregate committed capital, with fees negotiated at the time of formation. The firm does not participate in wrap fee programs and may receive additional fees from portfolio companies for various services. TW-IM, LLC does not engage in principal transactions and has established a code of ethics to mitigate conflicts of interest. The firm has custody of client assets held at a qualified custodian and exercises full investment discretion on behalf of its clients. Clients are provided with regular financial reports and tax information, and the firm reviews investments regularly. TW-IM, LLC does not have any disciplinary events or financial conditions that may impair its ability to meet contractual commitments. For more information, visit www.tailwatercapital.com or contact (214) 269-1183.