Tailwater Capital

Private Equity SEC-registered adviser

Legal name: Tw-Im, LLC

Dallas, TX Website

AUM

$4.0B
Regulatory AUM

Private funds

19
Private Equity 19

Private fund assets

$4.2B
Gross asset value

Employees

46

Last Form D raise

Sep 2026
Most recent fund filing

From SEC Form ADV filing (filed Jun 12, 2026). View on SEC

People(3)

Owners and executive officers named on the firm's SEC Form ADV.

B
Brian Blakeman
Vice President, Tw GP Holdings
Source: SEC Form ADV
J
James Herring
Managing Partner
Source: SEC Form ADV
J
Jason Downie
Managing Partner
Source: SEC Form ADV

Funds(19)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Tailwater Fund V LPPrivate Equity$19.9M$21.7M8Sep 2026Hot
Tailwater Royalties Fund II LPPrivate Equity$101.3M$85.9M132Jun 2026Hot
Tailwater Fund V Sma LPPrivate Equity$409.2M——Oct 2025Cool
Tailwater Infrastructure Cv I LPPrivate Equity$399.7M——Sep 2025Cool
Tailwater E&p Fund III Sma LPPrivate Equity$250.5M——Jul 2025Cool
Tw Wtg/Cureton II Holdco, LPPrivate Equity$294.2M——Sep 2024Cold
Tw Wtg Co-Invest LPPrivate Equity$204.7M——Sep 2024Cold
Tailwater E&p SPV LPPrivate Equity$275.2M——Aug 2024Cold
Tailwater Royalties Fund LPPrivate Equity$129.6M$105.4M109Mar 2023Cold
Blue Tide Environmental Co-Invest LPPrivate Equity$31.1M$20.0M5Mar 2023Cold
Goodnight Midstream Co-Invest LPPrivate Equity$128.4M——Oct 2019Cold
Tailwater Energy Fund IV LPPrivate Equity$930.2M——Jun 2019Cold
Tailwater Energy Fund III LPPrivate Equity$442.4M$900.0M86Jul 2018Cold
Silver Creek Midstream Co-Invest LPPrivate Equity$100.7M$100.0M28May 2018Cold
Tailwater E&p Opportunity Fund II LPPrivate Equity$204.7M——May 2015Cold

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
167240
SEC file number
801-77769

Sources