New York Life Investment Management (NYLIM) has formed a strategic partnership with Bow River Advisers, a subsidiary of Bow River Capital.
With this new agreement, NYLIM will take a minority interest in Bow River Advisers and serve as distribution partner for the Bow River Capital Evergreen Fund, a fund that provides access to a diversified portfolio of private equity investments.
The Bow River Capital Evergreen Fund was launched in May 2020, and provides access to a broad range of private equity investments across sector, sponsor, geography and size. The fund’s combination of immediate investment exposure, broad diversification and low investment minimums ($50,000 for accredited investors) has attracted interest from a wide range of investors, particularly those interested in diversifying their traditional stock and bond portfolios.
“We built the Bow River Capital Evergreen Fund to provide investors with what we believe is an easily accessible private equi