ONE BOW RIVER RAISES $500 MILLION FOR ITS INAUGURAL NATIONAL DEFENSE STRATEGY

Whats Happening:

ONE Bow River, a Colorado Springs-based alternative asset manager, has successfully closed its first private equity fund, ONE Bow River National Defense Fund I, with $500 million in committed capital. The fund, which focuses on investing in data solutions for national defense, is the largest in the Department of Defense's first cohort under the Small Business Investment Company Critical Technologies (SBICCT) Initiative.

Key Moves:

• ONE Bow River closes $500 million National Defense Fund I

• Fund is the largest in DoD's SBICCT Initiative's first cohort

• First investment of $50 million made in Bluestaq, LLC

By The Numbers:

• Fund raised $500 million, doubling initial target of $250 million

• Approximately $50 million invested for minority stake in Bluestaq

• Fund is the only licensed SBIC fund based in Colorado

Key Quotes:

• "In one of the most challenging fundraising environments in recent memory, we are thrilled with the overwhelming support we've received from investors on our first national defense fund," said ONE Bow River Chief Investment Officer Kevin O'Neil.

• "We are honored to be part of the SBICCT Initiative's first cohort and intend to make a positive impact on the DoD's CTAs effort," said Steve Joanis, Senior Managing Director of ONE Bow River.

• "This investment accelerates our mission of delivering impactful data management solutions across the Department of Defense and allied nations," said Seth Harvey, Bluestaq's Chief Executive Officer.

Bottom Line:

ONE Bow River's successful $500 million fund close demonstrates strong investor confidence in its national defense strategy. As the largest fund in the DoD's SBICCT Initiative, it is well-positioned to make significant investments in critical data solutions for national defense, potentially reshaping the landscape of defense technology investments.

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