RENN Fund, Inc. operates as a closed-end equity mutual fund, originally established by RENN Capital Group, Inc. Its management responsibilities are shared with Horizon Kinetics Asset Management LLC. The fund primarily allocates capital to public equities within the United States, targeting a diverse range of companies, particularly focusing on small-cap and mid-cap enterprises. To construct its portfolio, the fund utilizes a rigorous fundamental analysis alongside a bottom-up stock-picking methodology. Initially known as RENN Global Entrepreneurs Fund, Inc., this entity was formally formed on January 20, 1994, and is domiciled in the United States.