Bow River Capital has held a close for its Bow River Capital Software Growth Equity Fund II (SGE Fund II).
SGE Fund II was significantly oversubscribed and closed above its $500 million target with $605 million of committed capital from a broad group of investors.
“As global investors continue to carefully scrutinize their GP relationships and allocation to alternative asset classes, including Technology Buyout and Growth Equity, we are grateful for the trust and confidence our investors have placed in Bow River Capital's SGE team,” said John Raeder, Bow River Capital's SGE managing director and head of software investments. “We look forward to continuing to execute on our investment strategy. Even as global economies slow and valuations recalibrate, we believe there are opportunities in the SaaS sector given macrotrends in the innovation economy that span the explosion of data, digitized process automation, and AI-focused analytics.”
Steve Joanis, SGE m
