Tailwater Capital Names New Partners to Strengthen Leadership
Tailwater Capital LLC, an esteemed energy and infrastructure private equity firm, proudly announces the promotion of two integral team members, Doug Prieto and Drew Winston, to the position of Partner. Their advancements are not only a testament to their individual contributions but also an indication of Tailwater's commitment to fortifying its team with seasoned decision-makers who drive investment strategies forward.
Recognizing Doug Prieto's Contributions
Doug Prieto has been instrumental in Tailwater's evolution. Previously, he held the role of Chief Executive Officer at Tailwater E&P, where he significantly influenced the firm's strategy in mineral, royalty, and non-operated upstream investments. Doug's tenure since joining in 2021 has been marked by remarkable achievements, most notably in transforming Tailwater E&P into a prominent platform renowned for its innovative approach and extensive asset management.
Edward Herring, Co-Founder and Managing Partner at Tailwater, expressed high regard for Doug's efforts: "Doug has brought tremendous vision and discipline to our upstream platform. His ability to build and manage top-tier assets is unmatched, resulting in exceptional value for our investors."
Drew Winston's Impact on the Investment Landscape
Drew Winston, who has been with the firm since 2018, has made significant strides in investment management. His focus has centered on sourcing, evaluating, executing, and overseeing the firm’s various investments. Drew's leadership extends to multiple boards, including those of WTG Energy, Central Midstream, and Summit Midstream. His hands-on sector expertise has been pivotal in discovering and executing high-quality investments that bolster Tailwater’s growth.
Jason Downie, Co-Founder and Managing Partner, commended Drew's leadership style: "Drew has consistently shown an ability to leverage deep industry relationships to benefit our entire portfolio. His collaborative approach fosters a spirit of innovation, making him a key member of our management team."
Tailwater's Strategy for Continued Growth
The recent promotions of Doug and Drew come at a significant time when Tailwater is experiencing robust growth and momentum. As the firm continues to focus on reliable, high-return solutions in an ever-changing market landscape, both leaders are expected to play essential roles in furthering Tailwater's investment strategy. Their promotions reinforce the firm's status as a trusted partner in the fields of energy and infrastructure investing.
About Tailwater Capital
Based in Dallas, Tailwater Capital is a prominent energy and infrastructure private equity firm with a strong history of collaborating effectively with seasoned management teams to create value-driven solutions. With over $6 billion raised in committed equity capital since inception, Tailwater has successfully executed upwards of 235 transactions, representing an impressive value of more than $28 billion. This track record underscores Tailwater's commitment to excellence and innovative approaches in the investment sector.
Contact Information
For further inquiries or information about Tailwater Capital, please contact:
Jill McMillan
Managing Director, Communications & Public Affairs
Phone: 214-489-7047
John Schaufele
Managing Director, Investor Relations & Fundraising
Phone: 214-489-7043
Frequently Asked Questions
What is the recent announcement by Tailwater Capital?
Tailwater Capital has promoted Doug Prieto and Drew Winston to the role of Partner, reflecting their contributions to the firm’s success.
What roles did Doug Prieto and Drew Winston play at Tailwater?
Doug Prieto has been pivotal in Tailwater E&P's strategy, while Drew Winston has overseen investment sourcing and management, impacting various portfolio companies.
What are the implications of these promotions?
These promotions signify Tailwater's commitment to enhancing its leadership team and ensuring continued growth and value creation in the investment sector.
How has Tailwater Capital performed over the years?
Tailwater has raised over $6 billion in equity and executed more than 235 transactions totaling over $28 billion in value, showcasing its successful investment strategy.
Where is Tailwater Capital located?
Tailwater Capital operates out of Dallas, focusing on energy and infrastructure private equity investments.
