Colorado Springs-Based Fund is the Largest in the DoD’s First Cohort Under the Small Business Investment Company Critical Technologies (SBICCT) Initiative
Investment Team Completes First Fund Investment in Software Technology Firm Bluestaq, LLC
COLORADO SPRINGS, Colo., March 4, 2025 /PRNewswire/ — ONE Bow River, a Colorado Springs-based alternative asset manager, announced the successful close of its first private equity fund, ONE Bow River National Defense Fund I, with $500 million of committed capital, pending SBA approval of approximately $10 million in Limited Partner commitments. The fund was oversubscribed, doubling its initial target of $250 million and exceeding the $400 million target.
ONE Bow River National Defense Fund endeavors to solve critical technology challenges by investing in data solutions designed to aid national defense. At the heart of ONE Bow River’s mission is a commitment to investing in and advancing private, lower middle market companies focused on delivering data and national defense solutions to the U.S. government. The ONE Bow River National Defense team includes professionals with deep private equity, defense technology and military experience.
“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. “This milestone underscores the confidence in our team and the appeal of this particular strategy at this time in U.S. history.”
Fund Is the Largest in the SBICCT Initiative’s First Cohort
In January 2025, the Department of Defense (DoD) and the U.S. Small …
