UMB Fund Services (UMBFS), a subsidiary of UMB Financial Corp., has been retained to provide fund administration services for Bow River Capital’s Evergreen Fund. The Bow River Capital Evergreen Fund is the firm’s first registered product.
The partnership expands Bow River’s relationship with UMB Financial Corporation. UMB Bank, n.a., a subsidiary of UMB Financial Corporation, has provided a subscription line of credit and serves as trustee for Bow River Capital Real Estate Fund II. The bank also financed real estate assets held in the fund and currently maintains deposits for the fund.
As one of Denver’s largest private alternative asset management companies, Bow River is continuing to expand its investment focus in the lower middle market in three asset classes, including private equity, real estate and software growth equity.
UMBFS also ranked as the top transfer agency for U.S.-registered closed-end funds based on the number of accounts serviced in th