Overview
Great Range Capital, LLC (“GRC” or the “Adviser”) is a Kansas limited liability company founded in April
2010. The Adviser is principally owned by Paul Maxwell and Ryan Sprott (the “Principals”).
GRC primarily provides investment advisory services to private funds (namely, Great Range Capital Fund
I, LP, Great Range Capital Fund II, LP, and Great Range Capital Fund III, LP (the “Funds” or the “Clients”),
all of which are organized as Delaware limited partnerships). The Funds primarily target private
investments in middle market companies located in the Midwest and generally seek a controlling
interest through leveraged buyout or recapitalization transactions. Great Range Capital Fund I GP, LLC,
Great Range Capital Fund II GP, LLC, and Great Range Capital Fund III GP, LLC are the respective general
partners
of the Funds (the “General Partners” or the “GPs”).
GRC tailors its investment advice to its Clients’ needs and objectives, as set forth in the private
placement memorandum and limited partnership agreement of the applicable Client (collectively with
respect to a Client, the “Offering Documents”). GRC has discretion over Client assets; its discretion is
limited by any restrictions in the Offering Documents with the Client. Except as otherwise set forth in
the limited partnership agreement, investors generally may not impose any restrictions or limitations on
the management or operation of the Clients.
The Adviser does not currently participate in any wrap fee programs.
As of December 31, 2023, GRC had approximately $445,921,767 in regulatory assets under management
on a discretionary basis.