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Capital Provider Announces $200 Million Fund; Invest in E&P

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Capital Provider Announces $200 Million Fund; Invest in E&P

Tailwater Capital LLC announced today the closing of its fourth fund, Tailwater E&P Opportunity Fund II LP with total commitments of $218 million. The fund will invest behind best-in-class E&P operators in non-operated working interest investment opportunities within the "core" of the country's premier basins.

Since launching in 2013, Tailwater manages $1.7 billion across four funds, Tailwater Energy Fund I and II, Tailwater E&P Opportunity Fund I and the recently closed Fund II. Tailwater is led by founding partners Edward Herring and Jason Downie, who have worked together for 18 years and executed more than 35 transactions in the energy sector representing over $11 billion of transaction value.

Edward Herring, Managing Partner of Tailwater Capital, said: "We are thankful for the ongoing…

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