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November 19, 2020

Ranger Investment Management undergoes MBO with support from Kudu

The management of Dallas-based boutique equity investment manager Ranger Investment Management (Ranger Investments) is taking a controlling stake in the business with backing from Kudu Investment Management.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
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  • Assess and showcase the growth potential for various Industries in the target economy
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by GlobalData
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Financial details regarding the deal were not shared.

In exchange for the financial support, Kudu will have a passive, minority stake in the investment manager.

Ranger Capital Group earlier owned the controlling interest in Ranger Investments.

Commenting on the development, Kudu CEO Rob Jakacki said: “With a long-term capital commitment from Kudu, we believe a boutique firm like Ranger Investments can produce better outcomes for clients when it has full control of its own destiny.”

Founded in 2003, Ranger Investments caters to pension funds, endowments, foundations and family offices, among others.

It oversees around $1.6bn in discretionary and $400m in non-discretionary assets.

Its product suite includes two mutual funds, namely Ranger Small Cap Fund and the Ranger Micro Cap Fund.

The firm’s strategies use a bottom-up, fundamental research process with the objective of preserving and growing capital.

The firm’s management committee includes CIO W. Conrad Doenges, president and portfolio manager Andrew Hill, managing director and portfolio manager Joseph LaBate, as well as director and sector manager Brown McCullough.

The firm has now struck a service agreement with Ranger Capital Group, under which its n key back office staff along with operations and administration will remain unchanged.

Doenges stated: “This transformative transaction consolidates our management team’s ownership of Ranger Investments and helps ensure long-term and multi-generational stability.

“Each investment team partner now owns a greater personal share in the firm, strengthening our alignment with and commitment to clients.”

Recently, Kudu also supported the management buyout of Australian investment manager Channel Capital.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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