Bow River Capital Evergreen Fund Offers First-of-its-Kind Hybrid Structure

The Bow River Capital Evergreen Fund, a newly organized closed-end fund, is the first private equity fund registered under the Investment Company Act of 1940 to be structured as both an interval fund and a tender offer fund, an innovative structure that allows investors a greater degree of liquidity than other competitive funds. Faegre Drinker serves as fund counsel and board counsel to the fund, and has assisted in numerous matters, including with registration and application for exemptive orders to permit the fund to offer multiple classes of shares.