Overview
Rings Capital Management LLC (the “Registrant”) is a Delaware limited liability company formed December 17,
2012. Dan Juran is the managing member and sole owner of the Registrant. Framtiden Management Company,
LLC (the “Relying Adviser”), a Delaware limited liability company formed August 29, 2018, is an affiliated relying
adviser of the Registrant. Dan Juran is the managing member of the Relying Adviser which is co-owned by K.
Chris Anderson who is a member.
The Registrant serves as the general partner and investment adviser to Framtiden LP (“Framtiden” or “FLP”) and
First Framtiden LP (“First Framtiden” or “FFLP”), two Delaware private investment limited partnerships, since
March 1, 2016. FLP and FFLP were formed in October 1998 and capitalized in January 1999. Dan Juran served
as the general partner of FLP and FFLP from their formation until the Registrant became the general partner on
March 1, 2016.
The Relying Adviser serves as the investment adviser to Framtiden Holdings LP (“Framtiden Holdings” or
“FHLP”), a Delaware private investment limited partnership formed in August 2018 and capitalized in July 2019.
Framtiden Capital Company, LLC, a Delaware limited liability company formed August 29, 2018, serves as the
general partner of FHLP. Dan Juran is the managing member of the general partner which is co-owned by K. Chris
Anderson who is a member.
FLP, FFLP, and FHLP (each, a “Partnership,”
collectively, the “Partnerships”) share the same investment approach.
Dan Juran has ultimate investment authority for all three vehicles.
The Partnerships are offering limited partnership interests to certain qualified investors as described in the response
to Item 7 (such investors or prospective investors are referred herein as the “Investors”).
The Registrant supervises all aspects of the Partnerships’ operations. The Registrant (or the Relying Adviser in the
case of FHLP) manages each Partnership pursuant to the investment strategy set forth in such Partnership’s limited
partnership agreement and private placement memorandum. The Registrant and Relying Adviser have the authority
to select which and how many securities and other instruments to buy or sell without consultation with Limited
Partners in the Partnerships.
The Registrant and the Relying Adviser do not currently act in an investment advisory capacity outside of such
capacities related to the Partnerships. The Registrant and the Relying Adviser may in the future act as the general
partner or investment manager of other investment funds and managed accounts (collectively with the Partnerships,
the “Clients”).
As of December 31, 2023, the Registrant and the Relying Adviser together manage $422.4 million on a
discretionary basis. The Registrant and the Relying Adviser do not manage any assets on a non-discretionary basis.