Great Range Capital, LLC

Great Range Capital, LLC is a Kansas-based investment adviser founded in April 2010. The firm primarily offers investment advisory services to private funds, focusing on middle market companies in the Midwest. Great Range Capital Fund II, LP and Great Range Capital Fund III, LP are the main clients, seeking controlling interests through leveraged buyouts or recapitalization transactions. The firm has discretion over client assets, with limitations outlined in the Offering Documents. As of December 31, 2024, the firm managed approximately $476.2 million in regulatory assets under management on a discretionary basis. Clients generally pay a management fee of 2% of invested or committed capital, with performance-based fees allocated based on profits earned. The firm does not participate in wrap fee programs. Clients typically commit a minimum of $1,000,000 to the Funds. Great Range Capital emphasizes a primary investment strategy targeting lower middle market companies with competitive differentiation and growth prospects. The firm discloses potential risks, including competition for investments, rapid growth management, and market volatility. Great Range Capital has a Code of Ethics in place and does not engage in certain financial industry activities like broker-dealer services. The firm has custody of client assets and reviews performance quarterly, with audits conducted by an independent public accounting firm. Clients are informed that the firm generally does not vote proxies for client securities. Great Range Capital does not have any financial conditions impairing its ability to meet contractual commitments.