Fri, Feb 12, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Sporting Ranch Capital looks to phase two

Thursday, July 10, 2014

Bailey McCann, Opalesque New York:

Sporting Ranch Capital, an alternative investment firm that focuses on buying ranches and ranch land in need of rehabilitation is closing in on its second fund. Sporting Ranch Capital launched its first fund in 2012, buying up sporting ranches and rehabilitating them for purchase. Now the firm is on track to start its second property fund, and is gaining institutional interest.

The fund is backed by Jay Ellis and T. Boone Pickens, both of whom have decades of experience building and maintaining world class sporting ranches. Pickens ranch is known as one of if not the top sporting ranch in the world. The firm buys properties throughout the west including the high plains region, and into the four corners.

"We make sure that all of our ranches are within 30 minutes of medical care and town. The properties have everything you would want out of a sporting ranch including live water, fishing, game, and updated accommodations," Ellis tells Opalesque.

The first fund included five properties, and closed on $30 million. The second fund is targeting 8-10 properties and $50 million. Ellis partnered with Pickens after covering his directional long/short fund as an analyst at BP Capital.

It takes approximately one year from purchasing a ranch for Ellis and the firm to get things up to snuff for a sale. Sporting ranches differ from other types of ranches in that they are focused on activities like fishing and hunting instead of ma......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  2. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise

  3. Investing - Some hedge funds want to make subprime auto loans next big short, 11 hedge funds that are “all in” on the FANG stocks, Hedge funds short London luxury homes, Cynet raises $7 million from U.S. hedge fund[more]

    Some hedge funds want to make subprime auto loans next big short From Bloomberg.com: A group of hedge funds, convinced they have found the next Big Short, are looking to bet against bonds backed by subprime auto loans. Good luck finding a bank willing to do the trade. Money manage

  4. Investing - Hedge funds see selloff in European bank stocks as buying opportunity[more]

    From WSJ.com: The massive selloff in European bank stocks and bonds is overdone and presents a “phenomenal” buying opportunity, according to some of Europe’s top hedge-fund managers. Despite a 28% slump in European bank stocks this year, including a 38% fall in Deutsche Bank AG and a 34% drop in Soc

  5. Legal - Carlyle accused of fraud by ex-employee, Hedge funds win CDS breach of contract suit against Deutsche Bank, Hedge fund asks for OK on $27.5m Goldman CDO deal, SFO examines Barclays hedge fund profits[more]

    Carlyle accused of fraud by ex-employee From AI-CIO.com: A former portfolio manager claims he was fired for blowing the whistle on “crazy” and “irresponsible” investments. Carlyle Group has been sued by a former portfolio manager for one of its hedge funds, who accused the firm of “knowi