Tailwater Capital Strengthens Leadership with New Partner Promotions

Tailwater Capital LLC, a dynamic player in the energy and infrastructure private equity domain, has announced the promotion of two integral team members, Doug Prieto and Drew Winston, to the position of partner. This significant move reflects Tailwater's commitment to capitalizing on its core investment areas while enhancing its operational expertise.

Both Prieto and Winston have been instrumental in the firm’s strategic direction over recent years. Their new roles will further empower Tailwater as it seeks innovative pathways to deliver added value for its stakeholders.

The Leadership of Doug Prieto

Doug Prieto joined Tailwater in 2021 and has rapidly ascended through the ranks, now serving as Chief Executive Officer of Tailwater EP. Under his guidance, the firm has developed a robust mineral, royalty, and non-operated upstream investment strategy. Prieto’s strategic foresight has been crucial in establishing Tailwater EP’s reputation as a leading entity in the energy sector, renowned for its data-driven approach and effective capital allocation.

Edward Herring, Co-Founder and Managing Partner of Tailwater, remarked on Prieto's contributions, stating, "Doug has brought tremendous vision and discipline to our upstream platform, helping build what we believe is the leading royalty and non-op model in the industry." This acknowledgment underscores the value Prieto has contributed in assembling high-quality assets and teams, culminating in significant value creation for investors.

The Expertise of Drew Winston

Drew Winston has been a part of the Tailwater team since 2018. In his previous role, he oversaw the sourcing, evaluation, execution, and management of the firm’s investments. Winston’s ability to navigate complex industry landscapes and capitalize on strategic opportunities speaks volumes about his expertise. He is currently a board member for several portfolio companies, including WTG Energy and Central Midstream.

Jason Downie, Co-Founder and Managing Partner, praised Winston’s adeptness in fostering industry relationships and making strategic decisions that enhance the portfolio's overall value. "His leadership style has created a collaborative and innovative environment within Tailwater, making him a trusted board member in our portfolio company management teams," he noted.

A Promising Future

The promotions of Prieto and Winston come at a moment of robust momentum for Tailwater Capital, signaling a proactive approach toward evolving market challenges. As the firm continues to create reliable, high-return solutions in the energy and infrastructure landscape, both leaders remain committed to executing Tailwater’s investment strategy and maintaining its reputation as a high-performing partner.

With over $6 billion in committed equity capital raised since formation and an impressive track record of executing transactions valued over $28 billion, Tailwater Capital is poised for more growth with Prieto and Winston at the helm of its strategic initiatives.

About Tailwater Capital

Established in Dallas, Tailwater Capital focuses on creating value through solid partnerships with management teams across the energy and infrastructure sectors. The firm is well-regarded not just for its financial strength but also for its operational acumen, making it a notable entity in the realm of private equity.

For more insights into their initiatives or to learn more about their portfolio, visit Tailwater Capital.