“Tailwater Capital Commits $150 Million to Valiant Midstream”
Valiant Midstream is Tailwater’s first commitment in its new midstream fund – Energy Fund III
Oklahoma’s Valiant Midstream has secured a $150 million commitment from Dallas-based Tailwater Capital, an energy-focused private equity firm.
Thompson & Knight, LLP advised Tailwater Capital, with J. Holt Foster, III as lead counsel from the firm’s Dallas office.
Tailwater currently manages over $2.1 billion in committed capital, over $700 million of which is available for new investments. Tailwater is focused on acquiring and growing midstream assets as well as participating in non-operated upstream opportunities in select basins.