Ranger Alternative Management Ii, LP is a large advisory firm based in Dallas. It manages $258.66 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Texas.
Ranger Alternative Management Ii provides portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ranger Alternative Management Ii, LP is $258.66 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3462% since the beginning of its operation, and $193.99 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Ranger Alternative Management Ii, LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Ranger Alternative Management Ii is investment companies with 1 clients and $229.5 million of assets under management. Among the 11 most similar advisory firms, Ranger Alternative Management Ii has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $258.66 million for 3 clients. 64% of the firm’s clients are foreign persons or businesses.
Ranger Alternative Management Ii also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 17 people that are either part- or full-time employees. 18 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Ranger Alternative Management Ii, LP performs its advisory services is located at 2828 N. Harwood Street, Dallas, TX 75201, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 214-871-5200 or by fax 214-871-5201. The normal business hours are 8:00 to 5:00 on Monday - Friday. You can find more information about the New York firm at rangerspecialtyincome.com.