Thornburg Investment Management and Bow River Capital have formed a joint venture to provide flexible private credit solutions that support the needs of lower- and middle-market businesses.
The joint venture is expected to be completed during fourth quarter 2024, pending customary closing conditions.
“We are excited to partner with Bow River and expand our income capabilities by offering clients a private credit solution with rigorous underwriting and portfolio management,” said Thornburg CEO Mark Zinkula. “Bow River's extensive experience and sourcing advantages tap into the growing lower- to middle-market segment across Mountain states, the Midwest and Southwest.”
“Thornburg is a world-class organization, and this partnership will allow us to expand our efforts to provide customized financing solutions to U.S. lower- and middle-market companies that face challenges securing financing through traditional bank lending,” said Blair Richardson, Bow Riv