Form D · Hedge Fund

RANGER SPECIALTY INCOME FUND, LTD

Grand Cayman, E9 · CIK 0001597190

Offering snapshot reported Mar 8, 2021 · SEC filing

Reported sold
$37.7M
Indefinite offering
Investors reported
30
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Jan 1, 2014
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$18.9M$37.7MJan 23, 2014: $5,005,300.00Jan 23, 2014Mar 7, 2014: $5,005,300.00Dec 17, 2014: $5,600,000.00Apr 1, 2015: $6,350,000.00Mar 16, 2016: $6,824,208.00Mar 16, 2016Mar 8, 2021: $37,707,875.00Mar 8, 2021

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$6,350,000 → $37,707,875
  • Reported investors5 → 30
  • Minimum accepted$250,000 → $0

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Mar 8, 2021Amendment$37,707,875$31,357,875vs Apr 1, 201530SEC filing
Mar 16, 2016Amendment$6,824,208$474,208vs Apr 1, 20156SEC filing
Apr 1, 2015Amendment$6,350,000$750,000vs Dec 17, 20145SEC filing
Dec 17, 2014Amendment$5,600,000$594,700vs Mar 7, 20144SEC filing
Mar 7, 2014Amendment$5,005,300$0vs Jan 23, 20141SEC filing
Jan 23, 2014Initial$5,005,300No comparison1SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-210627
Sales Commissions and Finders' Fee were not paid. Instead, solicitors were compensated by the Investment Manager with a portion of the Investment Manager's management fee earned from the pooled investment vehicle.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
Brian Nash4071865Alternative Asset Investment Management Securities, LLC · CRD 135131
MGI bvNone
Stone Mountain Capital, Ltd.None
Liberum Capital LimitedNone

Source: Form D, filed Mar 8, 2021. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

RANGER SPECIALTY INCOME FUND, LTD

Investment adviser: RANGER ALTERNATIVE MANAGEMENT II, LP

Gross asset value
$3.84M
Beneficial owners
24
ADV minimum commitment
$250K

Reported in Form ADV on Apr 2, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator THEOREM FUND SERVICES CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG, LLC DALLAS, Texas, United States
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
No

KPMG, LLC
PCAOB 185

Filing source

Form ADV 1405555 · Apr 2, 2020 · Schedule D 7.B.(1), fund 805-3109823568

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Thomas Eads Burson Executive
Kenneth Scott Canon Executive
Jason Christopher Elliott Executive
Nimrod James Hacker Executive
William J. Kassul Executive
Wesley Campbell Mc Dowell Executive
Wes Mc Knight Executive
Laura Medley Director
Garrett P Melara Executive
Darren P. Riley Director
Joseph Whitaker Thompson Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Summit Management Ltd, Ste #4 210 23 Lime Tree Bay Avenue, P.O. Box 32311
Grand Cayman, E9, KY1-1209