Blair Richardson is Managing Partner of Bow River Capital Partners, and has held executive positions in international sales and trading of public equity and debt securities for nearly 25 years. In 2011, Mr. Richardson was named one of the most influential people in Denver by 5280 magazine (“The 5280 Fifty”).

Mr. Richardson was with Morgan Stanley and Company from 1987 to 1995, serving as President of Morgan Stanley Japan in Tokyo, Vice Chairman of Morgan Stanley Asia in Hong Kong, and Managing Director of the Equity and Fixed Income Department in New York.

Prior to forming Bow River Capital Partners, Mr. Richardson was Managing Partner of B.E. Richardson Investments, which invested in a variety of industries and real estate throughout North America. Between 1996 and 2002 his company made over 20 private equity investments.

Mr. Wolf is a Co-Founder and Partner of Bow River Capital Partners responsible for leading investment transactions. Prior to forming Bow River Capital Partners, he worked with Mr. Richardson at B.E. Richardson Investments, where he was involved in the due diligence, financial analysis, and structuring of numerous operating company and real estate investment transactions, including the reorganization of a portfolio company into a publicly listed real estate investment trust. Mr. Wolf is the current Chairman of Ely and Associates Corp. and the former Chairman of Peak Power Engineering and AUC Holdings Corp.

He currently serves on the Board of Directors for Junior Achievement Rocky Mountain, and formerly served on the boards of Denver Academy (Treasurer), and Leaders Challenge (Treasurer).

Mr. Wolf earned a B.S. in accounting at the University of Colorado Boulder and is a certified public accountant (inactive) in the state of Colorado.

Mr. Pederson is a Partner at Bow River Capital Partners and Chairs the Advisory Board for Bow River’s active investment fund.

Previously, Mr. Pederson was President of Ross Consulting Group, an advisory firm he founded that for 20 years provided capital asset financing and investment strategy for Fortune 100 corporations and government organizations. Before that Mr. Pederson worked with Boston-based Harbridge House, a management consultancy firm.

Mr. Pederson earned MSBA and JD degrees from the University of Denver. He is a board member of Westcore Mutual Funds; ALPS ETF Trust; Principal Real Estate Income Fund; and History Colorado.

Ms. Smith joined Bow River Capital Partners in September 2006. Ms. Smith is the CFO/CCO for Bow River Capital Partners, the management company for all of the Bow River Capital Funds.

Ms. Smith is a graduate of Metropolitan State College of Denver (summa cum laude) and is a Certified Public Accountant in the State of Colorado. Ms. Smith has worked in public accounting and in the private sector — most recently as Assistant Controller for a Denver bank and previously Controller for a lower middle market manufacturing company.

Mrs. Bedard leads the research efforts for Bow River.  She is responsible for investment research, due diligence, evaluating economic and industry trends and their related impacts on current and prospective portfolio companies in addition to identifying and assessing various investment themes relevant to the portfolio.

Prior to joining Bow River, Mrs. Bedard served on Cerberus Capital Management’s investment team where she was responsible for analyzing private equity investments, developing operating and strategic plans, completing due diligence on prospective targets including the buildup of detailed operational, carve-out, and financial/leveraged buyout models, and restructuring acquired portfolio companies. Prior to that, she worked in middle market private equity and also held positions at both KPMG and Arthur Andersen LLP in business valuation and corporate finance. Cindy has worked on deals of all sizes targeting companies in both growth and distressed situations across multiple industries.

Mrs. Bedard earned a BA in Economics from the University of California Irvine.

Mr. Eidson joined Bow River Capital Partners in 2016 as a Senior Associate. He is responsible for the underwriting, due diligence, acquisition, development and asset management of Bow River’s real estate investments.

Prior to joining Bow River, Mr. Eidson served in M&A and Corporate Development at DaVita Healthcare Partners, where he was responsible for the identification and execution of acquisitions, strategic partnerships, and business development opportunities. Prior to that, Mr. Eidson was an Associate at Republic Financial Corporation, a Denver-based special situations group. Mr. Eidson has over six years of capital markets experience and has completed over 100 distressed and opportunistic real estate transactions.

Mr. Eidson holds a BS in Finance from Colorado State University and is a CFA Charterholder.

Mr. Ettenger is responsible for investment research, due diligence, financial modeling, originating, structuring and executing buyout, recapitalization and growth capital transactions. He also works with portfolio companies post-closing in a variety of capacities in order to facilitate growth. He has over five years of Institutional Equity Sales experience, most recently serving as a Vice President at Morgan Stanley.

Mr. Ettenger holds an MBA with an emphasis in Accounting and a BS in Accounting from the University of Colorado, where he graduated with honors. He is also a CFA Charterholder.

Mr. Hiatrides is responsible for originating, structuring, and executing buyout and recapitalization transactions as well as portfolio management, investment research, due diligence, and financial modeling and analysis. He is a member of the Board of Directors of Kobelt Manufacturing Co. Ltd.

Prior to joining Bow River, Mr. Hiatrides served as a Vice President at KPMG Corporate Finance (previously St. Charles Capital) where he was responsible for providing strategic advisory services relating to merger and acquisition and capital market transactions to middle market companies across a variety of industries. Prior to that, he served as an Analyst at the Bank of Ireland in the middle-market leveraged finance group.

Mr. Hiatrides earned an MBA with High Honors at the University of Colorado and a B.B.A. Cum Laude in Finance from Loyola University of Maryland’s Sellinger School of Business.

Mr. Koncilja is responsible for originating, structuring, and managing real estate transactions. Before joining Bow River Capital, he founded a real estate development company with Mr. Richardson. Prior to that, Mr. Koncilja served as the Chief Operating Officer of St. Charles Town Company. At St. Charles he oversaw the company’s retail development and land acquisitions, as well as 2.1 million SF of third party real estate services.

In 2004, Nick took a position in Denver Mayor Hickenlooper’s administration as the Deputy Director of a $400M bond initiative to overhaul the infrastructure of the criminal courts and detention facilities. He was intimately involved in every aspect of the project from the initial programming and budgeting to the bond campaign and through the execution of the final construction contracts.

In 2007, Nick left the Mayor’s Office to work with Urban Villages. While there he became the VP of Development and Operations. Nick oversaw the completion of SugarCube, a 150,000 SF mixed-use building in LoDo, and the asset management of 300,000 SF of mixed-use and multi-family real estate in Downtown Denver.

Ms. Leonard joined Bow River in October 2016 as an Associate. Ms. Leonard is responsible for investment research, due diligence, financial modeling, and originating buyout, recapitalization and growth capital transactions.

Prior to joining Bow River, Ms. Leonard completed numerous internships in the finance industry, most recently working at SDR Ventures, a local Denver investment bank. She holds a BSBA in Finance from the University of Denver.

Mr. Neiffer joined Bow River Capital Partners in November 2014 as Senior Accountant. Mr. Neiffer is responsible for the real estate fund accounting, cash flow projections, capital calls and distributions, research, and investment analysis. Mr. Neiffer holds an MBA and a BS in Accountancy, both from Azusa Pacific University. He has passed all portions of the CPA exam and is awaiting licensure in both California and Colorado.

Prior to joining Bow River, Mr. Neiffer worked in public accounting, specializing in tax, focusing primarily on private equity clients with real estate-related businesses and investments. Mr. Neiffer started his career with a Big Four accounting firm and transitioned to a regional firm to concentrate on private equity.

Mr. Sutton is responsible for investment research, due diligence, financial modeling, originating, structuring and executing buyout, recapitalization and growth capital transactions. Prior to joining the firm in 2013, he worked as an Investment Analyst at Mariner Real Estate Management, an opportunistic real estate private equity firm. He was lead analyst on $150MM in executed transactions with investments ranging from distressed real estate debt pools, to CMBS deals and development opportunities.

Mr. Sutton holds an MBA with an emphasis in Finance and a BS in International Business, both from the University of Colorado. He is also a CFA Charterholder.

Catherina Nally joined Bow River Capital in August 2010. She is primarily responsible for managing investor service requests, supporting client reporting activity, and marketing. She also assists with other operational responsibilities, event coordination, and auxiliary support to the Bow River Capital team.

She graduated from James Madison University where she received a B.A. in Social Sciences. Catherina brings a myriad of experiences to her role. Before joining Bow River, Catherina worked as the office manager and payroll administrator for a food and beverage company, with a prior history of working in medical association management.

Ms. Partridge joined Bow River Capital in April 2016 as an Administrative Assistant.

With over ten years of experience, Tina has a proven record of managing administrative support functions. Prior to joining Bow River, Tina spent numerous years in the oil & gas industry as an Executive Assistant as well as an Operations & Accounting Analyst.



Advisory Board Chairpersons

Private Equity

Mr. Pederson is a Partner at Bow River Capital Partners and Chairs the Advisory Board for Bow River’s active investment fund.

 

Real Estate

Chairperson

Ms. Sullivan is a Senior Managing Director in the Denver office of HFF with more than 30 years of experience in the commercial real estate and finance industry. Ms. Sullivan serves as co-leader of the Denver office’s investment sales platform and is primarily responsible for office, industrial and retail investment sales throughout the western United States. During the course of her career she has completed more than 50 million square feet of investment sales transactions – valued at more than $9 billion. Past assignments have included national portfolio sales in office and industrial properties, the $770 million sale of five CBD office assets for Blackstone, as well as recapitalizations for existing financings.
Prior to joining the firm, Ms. Sullivan was co-leader of Jones Lang LaSalle’s Denver Investment Sales team closing more than $900 million in transactions throughout a two-year period. Prior to that, she was an Executive Vice President at CB Richard Ellis.