Investment adviser · CRD 167240

TAILWATER CAPITAL

Investment adviser filing (IA)

TW-IM, LLC

DALLAS, TX, United States · Form ADV filed Jun 12, 2026

Regulatory AUM: $3.97B
Client accounts: 21
Employees: 46
Advisory professionals: 27

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	21	$3,974,046,326	100.0%

Filing source

Form ADV 2107226 · Jun 12, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

22 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

BLUE TIDE ENVIRONMENTAL CO-INVEST LPPrivate Equity Fund · Last reported Jun 12, 2026$31.1MGross asset value

Form D fundraising filings

Blue Tide Environmental Co-Invest LP

Fund administrator STANDISH MANAGEMENT, LLC DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WEAVER AND TIDWELL, L.L.P. DALLAS, Texas, United States

Custodian PEGASUS BANK N.A. DALLAS, Texas, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WEAVER AND TIDWELL, L.L.P.
PCAOB 410

Fund details & source

Fund ID: 805-9354830733
Reported beneficial owners: 5
Minimum commitment: $0
Form D file number: 021-475998

Form ADV 2107226 · Jun 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TAILWATER E&P OPPORTUNITY FUND LPPrivate Equity Fund · Last reported Jun 12, 2026$29.5MGross asset value

Form D fundraising filings

Tailwater E&P Opportunity Fund LP

Fund administrator STANDISH MANAGEMENT, LLC DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WEAVER AND TIDWELL, LLP DALLAS, Texas, United States

Custodian PEGASUS BANK N.A. DALLAS, Texas, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WEAVER AND TIDWELL, LLP
PCAOB 410

Fund details & source

Fund ID: 805-9573300843
Reported beneficial owners: 37
Minimum commitment: $0
Form D file number: 021-207440

Form ADV 2107226 · Jun 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TAILWATER FUND V LPPrivate Equity Fund · Last reported Jun 12, 2026$19.9MGross asset value

Form D fundraising filings

Tailwater Fund V LP

Fund administrator STANDISH MANAGEMENT, LLC DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WEAVER AND TIDWELL, LLP DALLAS, Texas, United States

Custodian PEGASUS BANK N.A. DALLAS, Texas, United States Related to adviser: No

Marketer CAMPBELL LUTYENS & CO. INC. NEW YORK CITY, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

WEAVER AND TIDWELL, LLP
PCAOB 410

Fund details & source

Fund ID: 805-8350777845
Reported beneficial owners: 6
Minimum commitment: $0
Form D file number: 021-561693

Form ADV 2107226 · Jun 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TW EF-II ADVISORS LPPrivate Equity Fund · Last reported Jun 12, 2026$3.47MGross asset value

Fund administrator STANDISH MANAGEMENT, LLC DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian PEGASUS BANK N.A. DALLAS, Texas, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

Fund details & source

Fund ID: 805-7386634883
Reported beneficial owners: 4
Minimum commitment: $0

Form ADV 2107226 · Jun 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TAILWATER ENERGY FUND II (N-QP) LPPrivate Equity Fund · Last reported Jun 12, 2026$938KGross asset value

Fund administrator STANDISH MANAGEMENT, LLC DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WEAVER AND TIDWELL, LLP DALLAS, Texas, United States

Custodian PEGASUS BANK N.A. DALLAS, Texas, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WEAVER AND TIDWELL, LLP
PCAOB 410

Fund details & source

Fund ID: 805-9680438642
Reported beneficial owners: 7
Minimum commitment: $0
Form D file number: 021-210778

Form ADV 2107226 · Jun 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TW TSL HOLDCO LPPrivate Equity Fund · Last reported Mar 28, 2024$50.7MGross asset value

Fund administrator APEX FUND AND CORPORATE SERVICES TEXAS LTD. DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WEAVER AND TIDWELL, LLP DALLAS, Texas, United States

Custodian PEGASUS BANK N.A. DALLAS, Texas, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WEAVER AND TIDWELL, LLP
PCAOB 410

Fund details & source

Fund ID: 805-7621996013
Reported beneficial owners: 3
Minimum commitment: $0

Form ADV 1837516 · Mar 28, 2024 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

TW SOUTHCROSS AGGREGATOR LPPrivate Equity Fund · Last reported Jun 10, 2020$5.01MGross asset value

Feeder funds

Showing the first 7 feeders, with Form D links first.

TW BB/ST, LP
TW BBTS SIDECAR LP
BB-II HOLDCO LP
BBTX NOTE-II LP
BBTX NOTE LP
BBTX UNIT-II LP
BBTX UNIT LP

Fund administrator STRAIT CAPITAL COMPANY LTD DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor WEAVER AND TIDWELL, LLP DALLAS, Texas, United States

Custodian BANK OF AMERICA DALLAS, Texas, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

WEAVER AND TIDWELL, LLP
PCAOB 410

Fund details & source

Fund ID: 805-2003535651
Reported beneficial owners: 3
Minimum commitment: $0

Form ADV 1430315 · Jun 10, 2020 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Jun 12, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

4020 MAPLE AVENUE, SUITE 200
DALLAS, TX, 75219, United States

CRD 167240

Filing source

Form ADV 2107226 · Jun 12, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.