Ranger Investment Management

What Ranger Investment Management does

Ranger Investment Management L.P. is a Dallas, Texas-based registered investment advisor founded in 2003, structured as a private limited partnership. The firm invests in growth-oriented US exchange-traded equities of small and micro-capitalization companies, managing institutional capital on behalf of limited partners and other institutional investors. As an SEC-registered advisor that files Form 13F disclosures, Ranger maintains an actively managed public equity portfolio with disclosed exposure spanning energy infrastructure (WaterBridge Infrastructure, Solaris Energy Infrastructure), semiconductors (MACOM Technology Solutions), consumer retail (Boot Barn Holdings), food (J & J Snack Foods), and animal health (Phibro Animal Health).

The firm's business model is conventional active equity management: it earns management fees on assets under management, supplemented where applicable by performance fees, with pricing not publicly disclosed. Its go-to-market targets institutional investors seeking small/micro-cap growth exposure, a niche where generalist large-cap managers face coverage gaps. Ranger does not operate a public-facing technology product, mobile application, or API platform; its core deliverable is discretionary portfolio management supported by SEC-compliant reporting.

Ranger's operating footprint is concentrated in the United States, with headquarters in Dallas. The firm employs between 11 and 50 people, consistent with a boutique investment management operation. Strategic capital was added in November 2020 via a minority investment from Kudu Investment Management, and the firm has continued to actively rebalance its portfolio through Q1 2026, signaling ongoing operational activity.

Name

Ranger Investment Management

Legal name

Ranger Investment Management L.P.

Website

https://rangerinvestments.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Ranger Investment Management L.P. is a Dallas-based registered investment advisor founded in 2003 that manages actively managed growth-oriented US small and micro-cap equity portfolios for institutional investors.

Ownership category

akta.pro rank

Product category

Institutional Equity Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)

Keywords

• Equity investment management
• Small cap growth investing
• Micro cap equities
• Institutional asset management
• Active portfolio management

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Core offering

Ranger Investment Management is a Dallas-based registered investment advisor that manages equity portfolios for institutional investors. The firm specializes in growth-oriented US exchange-traded equities of small- and micro-capitalization companies, holding diversified positions across energy infrastructure, semiconductors, consumer retail, food, and animal health sectors. Portfolio holdings and changes are disclosed publicly through quarterly SEC Form 13F filings.

Differentiator

Problem solved

Functional benefit

Products and services

• US Small- and Micro-Cap Growth Equity Portfolio Management Actively managed equity portfolio service targeting growth-oriented US exchange-traded equities of small- and micro-capitalization companies, offered to institutional investors (limited partners) through a Texas limited partnership. Holdings are publicly disclosed via quarterly SEC Form 13F filings and span sectors including energy infrastructure, energy equipment, semiconductors, consumer retail, food, and animal health.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Wasatch Advisors: Active US small/micro-cap equity manager serving institutional and retail clients with growth-oriented strategies. Directly comparable to Ranger in product focus, size, and institutional mandate base.
• Ariel Investments: Independent active US small/mid-cap equity manager serving institutional and individual investors. Comparable in scale, ownership structure (private/employee-owned), and active US equity focus.
• Bridgeway Capital Management: Independent active US small-cap and quantitative equity manager with institutional products. Comparable mandate universe, scale, and active equity philosophy.
• Westwood Holdings Group: Dallas-based active asset manager offering US small/mid-cap equity strategies to institutional clients. Directly comparable to Ranger in geography, mandate focus, and client base.
• First Pacific Advisors: Privately-held active US equity manager (small/mid-cap focus) with institutional and intermediary distribution. Comparable independent ownership, active US equity mandate, and scale.
• Royce Investment Partners: Long-established US small-cap specialist active equity manager with a multi-decade track record in small/micro-cap growth and value strategies. Highly comparable to Ranger's mandate, client type, and product structure.
• Perritt Capital Management: Micro-cap and small-cap focused active equity manager with both mutual fund and institutional accounts. Directly comparable niche specialization and institutional client profile.
• Driehaus Capital Management: Chicago-based active US small/mid-cap growth equity manager with institutional and intermediary distribution. Comparable growth-oriented small-cap product set and active management style.

Broad incumbents

• Affiliated Managers Group (AMG): Multi-affiliate public asset manager that owns stakes in numerous small/mid-cap active US equity boutiques. Relevant as a potential strategic acquirer or partner and as a model for permanent-capital structures similar to Kudu's stake in Ranger.
• Janus Henderson Investors: Large global active asset manager with US small/mid-cap equity products and significant institutional AUM. Comparable active US equity capability at much larger scale; useful as a benchmark for fee compression and institutional distribution dynamics affecting Ranger.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks3 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ranger Investment Management