Bow River Capital Continues to Expand Evergreen Team Adding Erick Podwill to the Investment Team

DENVER, Sept. 4, 2025 /PRNewswire/ -- Bow River Capital, a Denver-based alternative asset manager, is pleased to announce that it is expanding its Evergreen Private Equity Team with the addition of Erick Podwill as a Director. 

"We are thrilled to welcome Erick to our growing team," said Jeremy Held, Managing Director at Bow River Capital.  "Erick brings a wealth of private market expertise, strong relationships and underwriting experience in the lower middle market, an important focus of our strategy." 

Mr. Podwill joins Bow River from Canterbury Consulting where he was the Chair of the firm's Private Capital and Fund of Fund Research Committees, in addition to managing investment selection for Canterbury's private equity Fund of Fund strategy.  Prior to joining Canterbury in 2018, Mr. Podwill was with Aksia Torrey Cove Capital Partners, LLC where he performed due diligence primarily on private equity, growth equity and venture capital investments.  Mr. Podwill has more than a decade of private market sourcing, underwriting and monitoring experience and will join Bow River's Evergreen Fund Investment Committee as a voting member. 

"I am excited to join Bow River and contribute to the continued growth and success of the Evergreen Fund," Podwill said. "Bow River's middle market focus and thoughtful, diversified approach to private market investing aligns with my experience and passion. I look forward to working with this talented team to deliver compelling opportunities and long-term value to investors."

The Bow River Evergreen team has made significant investments in the last year to support the firm's growth.  Mr. Podwill's hire follows the recent investment hires of Teague Towner from the San Manuel Band of Mission Indians' Sovereign Wealth Fund and Amanda Krakauer from Blackstone Strategic Partners. 

The Bow River Capital Evergreen Fund was launched in May 2020 and provides access to a broad range of private market investments across vintage year, geography, and size with a focus on middle market private equity. Since inception, the Fund has executed more than 120 transactions, providing exposure to hundreds of private companies. The Fund is predominantly focused on middle market and lower middle market investments and recently surpassed $990m in assets as of September 1, 2025. 

"Our goal with the Evergreen Fund is to provide investors with a private equity portfolio focused on the middle market, an area that Bow River has invested in for more than two decades. We couldn't be happier to be growing our team with the goal of providing investors with differentiated sources of return, particularly in periods of heightened volatility."

About Bow River Capital

Founded in 2003 in Denver, Colorado, Bow River Capital was established with a vision of building a world class, diversified investment management platform focused on the lower middle market. Bow River Capital is employee-owned and invests in private equity, private credit and real estate.

Through its subsidiary Bow River Advisers, LLC, Bow River Capital also offers the Bow River Capital Evergreen Fund designed to provide private market access to a broader set of investors.

Collectively, the Bow River Capital team has deployed capital into diverse industries, asset classes and across the capital structure.

For more information on Bow River, please visit www.bowriverevergreen.com

An offer can only be made by the prospectus and only in jurisdictions in which such an offer would be lawful. The prospectus contains important information concerning risk factors and other material aspects of the Fund to carefully consider, and must be read carefully before a decision to invest is made. An investor should consider the fund's investment objectives, risks, charges and expenses before investing.  This and other information can be found in the Fund's prospectus. To obtain a prospectus, please visit www.bowriverevergreen.com. Please read the prospectus carefully before investing.

Any person subscribing for an investment must be able to bear the risks involved and must meet the suitability requirements of the Fund. Investors could lose all or a substantial amount of their investment. This fund is not suitable for all investors and should not be considered an entire investment program. No assurance can be given that the Fund's investment objectives will be achieved. The Fund is speculative and involves a substantial degree of risk. The Fund is a closed-end, non-diversified management investment company that will make periodic repurchase offers for its securities, and is highly illiquid. There is no secondary market for investors' interests and none is expected to develop. There are certain restrictions on transferring interests. Fees and expenses will offset the Fund's trading profits. The Fund is subject to conflicts of interest. Other risks include those related to equity securities, fixed income securities, high-yield/high risk bonds, listed private equity, listed infrastructure securities, foreign securities, derivative instruments, leverage, capital calls, investment manager risk, as well as those related to general economic and market conditions, all of which may present significant risks. Distributions paid to investors are unrelated to performance and may be paid from sources other than income from the portfolio which is not sustainable. Had distributions been paid from income, the distribution rate would be lower. Distributions are not guaranteed in frequency or amount.
Please see the prospectus for more information on these and other risks.

SOURCE Bow River Capital