One Bow River has successfully closed its inaugural national defense fund at $500 million, exceeding its $400 million target. Based in Colorado Springs and founded in 2015, the fund aims to invest in private, lower mid-market companies that provide data and national defense solutions to the U.S. government. Chief Investment Officer Kevin O’Neil expressed gratitude for the strong investor support, highlighting the confidence in the firm’s strategy during a challenging fundraising environment. The fund formation counsel was provided by Winston & Strawn, and no placement agent was involved in the fundraising process.