Organization/ Investment Team

In May of 2003, Ranger began managing long-only small and mid capitalization portfolios (“Small Cap” and “Mid Cap” respectively).  For both strategies, the Ranger Investment Team implements an investment style that can best be described as quality growth.  The investment process seeks to identify rapidly growing, high-quality and high-recurring revenue companies.

Since inception, Ranger has also managed two styles of concentrated portfolios and accounts: Small-Cap Select portfolios and Mid-Cap Select portfolios, both of which are invested in approximately eight (8) to fifteen (15) names typically found in the more diversified Small-Cap and Mid-Cap portfolios.

Ranger’s Investment Team is lead by portfolio manager Conrad Doenges (the “PM”), who assumed this role when he joined the Investment Team in September 2004.  Mr. Doenges worked at John McStay Investment Counsel from January 1998 through June 2004 where he was a member of a team that at its peak managed over $5 billion in small and mid cap assets for institutional clients.  Prior to that Mr. Doenges worked at Friess Associates.

Ranger’s Investment Team employs a collaborative approach to the management of the firm’s investment strategies. The Investment Team is structured in such a way so that the majority of decisions, including stock selection, are made as a team; however, if a consensus can not be reached, the PM has the ultimate decision-making authority and oversight for the product.

W. Conrad Doenges – Portfolio Manager

Mr. Doenges joined Ranger in 2004 as the PM and is responsible for overseeing the firm’s entire investment process, from its bottom-up, fundamental research activities and portfolio construction processes to its risk management function.  Mr. Doenges also has primary research responsibility for consumer discretionary, consumer staples and producer durables companies. 

Andrew F. Hill – Sector Manager

Mr. Hill serves as a Sector Manager for Ranger, a position he has held since April 2003. His primary research focus is on financial services, oil and gas and energy. 

Joseph T. LaBate – Sector Manager

Mr. LaBate serves as a Sector Manager for Ranger, a position he has held since the formation of Ranger. His primary research focus is on healthcare and industrials. 

Brian Graeme, CFA – Sector Manager

Mr. Graeme serves as a Sector Manager for Ranger, a position he has held since March 2009. His primary research focus is on technology, telecommunications and defense and security. 

Brian Busby – Head Trader

Mr. Busby joined Ranger as an Associate Trader in 2003.  In 2005 he was promoted to Head of Trading operations.  Mr. Busby is also responsible for supporting the Investment Team by performing statistical analysis and portfolio analytics, including generation of the Suspect List on a weekly basis.

 Ranger’s operations and client service colleagues enable Investment Team members to focus on important portfolio management decisions, research, security selection and risk management responsibilities with minimal administrative interference.  Activities the operations group manages include accounting and finance, legal and compliance, information technology and human resources.

Similarly, the client service group administers all investor relations responsibilities to help ensure current and prospective clients receive a quality experience worthy of their confidence in Ranger.  Promptly responding to investor requests, disseminating monthly statements and quarterly reports as well as facilitating client communication with investment and operations team members are a number of the activities managed by the client service group