Richard Kayne is the Founder and Co-Chairman of Kayne Anderson Capital Advisors, a Los Angeles-based manager of alternative investment strategies. The firm serves a distinguished client list of institutions, endowments, foundations, family offices and high net worth individuals.
Mr. Kayne founded Kayne Anderson in 1984, and has grown the firm through a disciplined, personal investment philosophy that emphasizes niche opportunities with attractive return expectations and lower risk characteristics. Mr. Kayne and the firm have long shared the importance of deploying knowledge and sourcing advantages as part of this philosophy.
Today, the firm is one of the premier alternative asset managers specializing in oil and gas, energy infrastructure, credit, specialty real estate, growth private equity and marketable securities. Recognized as the industry leader in energy infrastructure investments, the firm is the largest investor in energy pipelines in the United States.
In addition to co-founding Kayne Anderson Capital Advisors, Mr. Kayne founded Kayne Anderson Rudnick, a traditional investment management firm. Mr. Kayne grew that firm to over $10 billion in assets under management and sold it in 2001 to the Phoenix Companies.
Mr. Kayne is a trustee of and the former chairman of the Investment Committee of the University of California at Los Angeles (UCLA) Foundation and is a trustee of and former co-chairman of the Investment Committee of the Jewish Community Foundation of Los Angeles.
He began his career in the mid-1960s as an analyst with Loeb, Rhodes & Co. in New York and was a principal of Cantor Fitzgerald & Co., Inc., where he managed private accounts, a hedge fund and a portion of firm capital.
Mr. Kayne earned a B.S. in statistics from Stanford University in 1966 and an M.B.A. from the University of California, Los Angeles in 1968.
Founder & Co-Chairman