Tailwater Fund V LP is a private equity fund based in Dallas, Texas. According to its most recent Form D, filed Sep 30, 2026, it has sold $21,747,658 of interests to 8 investors since its first sale in Oct 2025. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Brian Blakeman; Jason Downie; Edward Herring.
- Total raised
- $21,747,658Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Oct 23, 2025
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(c)May advertise; investors must be verified as accredited
- Key people and entities
- Brian Blakeman; Jason Downie; Edward Herring
- Latest Form D
- Sep 30, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Tailwater Fund V LP
What is the minimum investment for Tailwater Fund V LP?
Tailwater Fund V LP's latest Form D, filed Sep 30, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Tailwater Fund V LP?
Tailwater Fund V LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.
How much has Tailwater Fund V LP raised?
Tailwater Fund V LP reports $21,747,658 sold from 8 investors on its Form D filed Sep 30, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Tailwater Fund V LP based?
Tailwater Fund V LP is based in Dallas, Texas and is managed by Tailwater Capital.
When did Tailwater Fund V LP launch?
Tailwater Fund V LP reports its first sale in Oct 2025, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private equity fund
Raised more than 74% of the 1,472 private equity funds based in Texas, and more than 53% of all 9,142 that report sales.