#USA #Denver #Evergreen Fund #Bow River Capital #investment team

Celebrating Five Successful Years of the Bow River Capital Evergreen Fund

Bow River Capital, an alternative asset management firm based in Denver, proudly announces a remarkable milestone for its Evergreen Fund. Launched in May 2020, the Fund recently celebrated its five-year anniversary, achieving an impressive $850 million in assets by June 1, 2025. This success is a testament to the Fund's robust performance and strategic investment focus.

Broad Investment Opportunities

From the outset, the Evergreen Fund was designed to provide investors with broad access to private market investments while focusing primarily on middle-market private equity. Since its inception, the Fund has successfully executed over 120 transactions, thereby providing exposure to hundreds of private companies across diverse sectors. Guided by experienced fund management, the Evergreen Fund has established its resilience by navigating challenging investment climates, consistently delivering returns with minimal drawdowns.

Jeremy Held, Founder and President of the Evergreen Fund, emphasized that the objective of the Fund is to create a well-rounded private equity portfolio, particularly aimed at the middle market, an area in which Bow River Capital has cultivated significant expertise over the past two decades.

Strong Performance Metrics

The numbers speak for themselves: since inception, the Evergreen Fund has delivered an annualized net return of 16.88% with a maximum drawdown of only 1.1%. The last year has seen the Fund achieve a return of 13.47%. Such performance highlights the Fund's capacity to provide stability in periods characterized by market volatility.

“Our goal with the Evergreen Fund is to provide exposure to unique investment opportunities that stand out especially during times of heightened uncertainty,” remarked Held. “The last five years have reiterated the significance of identifying investments with distinct sources of return.”

Expanding the Investment Team

A critical aspect of the Fund's ongoing success lies in the continuous expansion of Bow River’s investment team. Recently, Teague Towner, who previously worked with the San Manuel Band of Mission Indians' Sovereign Wealth Fund, joined the Evergreen team. Amanda Krakauer, additionally, brings her wealth of experience from her time at Blackstone and joined the team in March 2025. Their expertise in sourcing, underwriting, and monitoring investments will bolster the Evergreen Fund's strategic initiatives.

Looking ahead, Mr. Held anticipates that additional members will join the investment team throughout 2025 to further strengthen its capabilities. “Teague and Amanda each bring unique skill sets, and we couldn’t be happier to have them as part of our growing team,” he stated.

Broadening Access for Investors

The Evergreen Fund's ability to offer immediate investment exposure, along with broad diversification options and low minimum investment requirements (set at $50,000 for accredited investors), has drawn significant interest from a diverse investor pool, including family offices, wealth management firms, and individual investors.

“Investors are increasingly looking to diversify their portfolios away from traditional stock and bond investments, and our middle-market focus provides a compelling alternative,” remarked Held.

About Bow River Capital

Bow River Capital specializes in managing private alternative assets and predominantly focuses on lower and middle-market investments across five significant asset classes: defense technology, private credit, private equity, real estate, and software growth equity. Additionally, through its subsidiary Bow River Advisers, the company offers a registered mutual fund, the Evergreen Fund, designed to provide institutional-quality private market access to a broader set of investors.

Collectively, the Bow River Capital team has successfully deployed capital across various industries and asset classes, establishing itself as a leader in private investment management. For further details about the Evergreen Fund, interested parties can visit www.bowriverevergreen.com.