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DENVER, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Bow River Capital ("Bow River"), a private alternative asset management company, announced today the closing of its second opportunistic real estate fund (the “2018 Fund”). The fund closed at $186 million, receiving strong support from a diverse group of institutional and individual investors.
The 2018 Fund will invest in commercial and residential real estate with a focus on value-add, distressed and new construction investment opportunities. While the 2018 Fund will consider assets located throughout the United States, its primary focus will be on investment opportunities in Bow River Capital's Rodeo Region®.
Blair Richardson, Bow River’s CEO said: “Bow River is thankful for our investors’ support and believe we are strategically positioned to pursue opportunities in a region that continues to demonstrate outsized demographic growth and heightened investment opportunities”.
Richard Wham, Bow River’s COO, said: “As we transition into a period of greater volatility, the Fund is very well positioned to move quickly as opportunities arise. Speed of execution is a distinct competitive advantage”.
About Bow River Capital
Founded in 2003, Bow River Capital (“Bow River”) is a private alternative asset management company based in Denver, Colorado, with buyout, real estate and energy fund platforms. Bow River’s platforms focus on the lower middle market across a geographic area the principals refer to as Bow River’s Rodeo Region®, which encompasses the Rocky Mountains and surrounding states. Collectively, Bow River has deployed capital into diverse industries, asset classes and across the capital structure.
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Certain statements in this release may constitute “Forward Looking Statements” relating to the outlook of the economy and the future performance of certain market sectors. Such Statements involve known and unknown risks and uncertainties, which may cause the actual outcome to be materially different from anything expressed or implied by such Statements. Bow River cannot assure that the developments anticipated will be realized or even if realized, will have the expected effects on our investment prospects. Statements made apply as of today only. We disclaim any obligation to update these statements, unless otherwise required by applicable securities laws.