Bow River Capital Closes Third Private Equity Fund, at $590 Million
Summary
Bow River Capital, a Denver, CO-based alternative asset manager, closed its third private equity fund, at $590m. Bow River Private Equity Fund III LP (Fund III) exceeded its target of $500 million benefitting from support from both existing and new investors. Led by Greg Hiatrides, Fund III will continue to invest in human capital-centric middle market businesses throughout the United States in industrial services, healthcare services, and business services, with a primary focus in the Rodeo Region. The fund targets majority partnerships with management teams operating critical outsourced services businesses in high-growth end markets. The firm also manages the Bow River Capital Evergreen Fund (EVERX), which provides institutional-quality private market access to a broader set of investors.