Bow River Capital Evergreen Fund
Sponsored by Bow River. Tender-Offer Fund structure focused on private equity.
Tender-Offer FundPrivate Equity
- Net assets
- $1.21B
source
Monthly portfolio report (Form N-PORT) · filed 2026-05-27 · period 2026-03-31
Net assets (N-PORT Part B, Item B.2)
Method Direct: read from a structured filing field
Open the filing on SEC.gov · Full observation history
Technical locator
as of 2026-03-31 - NAV / share
- $55.17
source
Shareholder report (Form N-CSR) · filed 2026-06-05 · period 2026-03-31
financial-highlights end-of-period NAV (fallback)
“Net Asset Value, end of period $ 55.17”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
Filed fund value · as of 2026-03-31 - Net flows, last qtr
- +5.4% qtr ended 2026-03-31
- Leverage in use
- 0% Pending
- Total return, 12m
- Pending SEC-filed periodic NAV + distributions
What changed in the latest filings.
Current findings ordered by severity. Each observation remains traceable to its filed source.
No current Urgent or Notify findings in filings reviewed through 2026-07-21.
Historical findings (1)
Proposal 1 put to shareholder vote: Approval Of A New Advisory Agreement I. (2023-11-21)
How the fund has moved.
Net asset value, total return, capital flows, and distribution coverage across the filing record.
Monthly performance eligibility
Canonical class: Class I · basis: no qualifying monthly chain · qualifying history: 0 months.
What moved inside the book.
Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.
Pending
Where exit demand met the cap.
The disclosed history shows no rationed period.
| Period | Requested | Filled | Cap used | Status |
|---|---|---|---|---|
| 2026-03-17 | Pending | 100% | Pending | filled |
| 2025-08-18 | Pending | 100% | Pending | filled |
| 2025-03-17 | Pending | 100% | Pending | filled |
| 2024-08-23 | Pending | 100% | Pending | filled |
| 2024-03-22 | Pending | 100% | Pending | filled |
| 2023-08-18 | Pending | 100% | Pending | filled |
| 2023-03-17 | Pending | 100% | Pending | filled |
| 2022-08-26 | Pending | 100% | Pending | filled |
| 2022-03-11 | Pending | 100% | Pending | filled |
| 2021-08-20 | Pending | 100% | Pending | filled |
How the balance sheet is funded.
Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.
Pending
How the offering is divided.
A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.
Not attributed 100.0%
| Class | Terms-based role description | Load | Servicing | Minimum | Assets |
|---|---|---|---|---|---|
| Class I | Pending | Pending | Pending | Pending | Pending |
Management fee: 1.75% of avg daily managed assets per year, current as of latest filed disclosure. Research only: not used in a fee distribution. SEC source 0001213900-26-065701.
Filed fee conditions
Pursuant to the Investment Management Agreement, the Fund pays the Adviser a monthly Investment Management Fee equal to 1.75% on an annualized basis of the Fund's average daily Managed Assets (total assets, including assets attributable to money borrowed for investment purposes, minus accrued liabilities other than such borrowings). During the year ended March 31, 2026, the Fund incurred $17,613,095 in investment management fees. The Adviser's own investment-consultant agreements with Aksia CA, LLC and Apogem Capital, LLC are paid by the Adviser out of its own resources -- not an additional fund-level charge (the prior pass's cache hit for the 0.375% Apogem fee was this sub-fee, not the fund-level rate).
Canonical-class fee profile
| Class | Management | Incentive | Load | Servicing | Gross expenses | Net expenses |
|---|---|---|---|---|---|---|
| Class I | 1.75% | Pending | Pending | Pending | 2.09%interest included*Filed label: Gross expenses inclusive of interest expense and taxes; period 2026-03-31. gross expenses inclusive of interest expense and taxes; waiver state: before / excluding disclosed support. SEC source 0001213900-26-065701 |
1.17%interest included*Filed label: Net expenses inclusive of interest expense and taxes; period 2026-03-31. After waiver: not separately stated; interest: included; tax: included; incentive compensation: not separately stated; acquired-fund expenses: not separately stated. SEC source 0001213900-26-065701 |
Expense-ratio caution. These are the issuer’s filed figures for the designated analysis class. They are not placed in a fee ranking because denominators and included expenses are not yet normalized across funds. Hover or click * for the filed label, period, components, and SEC source.
The evidence beneath the page.
Filed terms and recent documents remain available without crowding the primary research flow.
Term register (1)
| Term | Description | Value | Effective |
|---|---|---|---|
| advisory_fee_schedule | Pursuant to the Investment Management Agreement, the Fund pays the Adviser a monthly Investment Management Fee equal to 1.75% on an annualized basis of the Fund's average daily Managed Assets (total assets, including assets attributable to money borrowed for investment purposes, minus accrued liabilities other than such borrowings). During the year ended March 31, 2026, the Fund incurred $17,613,095 in investment management fees. The Adviser's own investment-consultant agreements with Aksia CA, LLC and Apogem Capital, LLC are paid by the Adviser out of its own resources -- not an additional fund-level charge (the prior pass's cache hit for the 0.375% Apogem fee was this sub-fee, not the fund-level rate). | 1.75 pct_annual_of_avg_daily_managed_assets | Pending |
Recent filings
| Filed | Form | Accession |
|---|---|---|
| 2026-06-05 | N-CSR | 0001213900-26-065701 |
| 2026-05-27 | NPORT-P | 0001193125-26-241084 |
| 2026-05-08 | SC TO-I/A | 0001213900-26-053927 |
| 2026-02-25 | NPORT-P | 0001193125-26-069319 |
| 2026-02-20 | SC TO-I | 0001213900-26-018765 |
| 2025-12-05 | N-CSRS | 0001213900-25-118529 |
| 2025-11-26 | NPORT-P | 0001193125-25-298674 |
| 2025-10-01 | SC TO-I/A | 0001213900-25-094460 |
| 2025-08-26 | NPORT-P | 0001145549-25-054084 |
| 2025-07-25 | SC TO-I | 0001213900-25-067535 |
| 2025-06-09 | N-CSR | 0001213900-25-052594 |
| 2025-05-30 | NPORT-P | 0001145549-25-037147 |
| 2025-04-24 | SC TO-I/A | 0001213900-25-034896 |
| 2025-02-27 | NPORT-P | 0001145549-25-010919 |
| 2025-02-21 | SC TO-I | 0001213900-25-016031 |