Who is Richard Kayne?
Richard Kayne is the founder of Kayne Capital. He was born on April 15, 1945. He is married to Suzanne Kayne.
He is the chairman and co-founder of Kayne Anderson Capital Advisors. Before that, he founded Kayne Anderson Rudnick, which he sold to Phoenix Investment Partners.
Kayne Anderson Capital
Kayne Anderson Capital Advisors LP is a financial investment advisory firm, which manages $28.0 billion in investments. The company invests principally through private investment partnerships and public closed-end funds.
The firm specializes in the energy, infrastructure, and real asset sectors, and manages over $28 billion in assets across various funds and separately managed accounts. Kayne Anderson Capital Advisors has a long-term, value-oriented approach to investing, and has a reputation for being one of the most experienced and successful firms in its space.
The firm investment strategy is primarily focused on energy infrastructure, with a focus on Energy Private Equity, MLP, and Real Asset.
It is known that the firm has consistently delivered strong returns to its investors and built a reputation as a leader in the alternative asset management industry.
Kayne Anderson invests in energy exploration and production, real estate, and high-growth companies. Current investments include 3Cinteractive, Andover Healthcare and several software developers.
In 2015 Kayne Anderson merged with Ares Management in a $2.6 billion transaction. The company employs nearly 300 professionals in eight offices across the United States. The firm is headquartered in Los Angeles and has offices in Houston, New York City, Chicago, Denver, Dallas, Atlanta and Boca Raton.
How Much is Richard Kayne Net Worth?
Rich Kayne is an active philanthropist, his net worth is estimated at $1.6 billion. As a private company, Kayne Anderson Capital Advisors is not required to disclose its financial information to the public.
It is expected that he as the CEO of the company and the founder would have a significant stake in the company, though it may not be known publicly.
He had 3 children: Jenni Kayne, Maggie Kayne, and Saree Kayne.
Jenni Kayne has found her own lifestyle brand named Jenni Kayne. Her company is considered to be the ultimate California lifestyle brand. The brand is sold in more than 20 stores.
Maggie Kayne is the founder of the Kayne Griffin Corcoran art gallery. It is a contemporary art gallery based in Los Angeles. In 2022 she co-created the Los Angeles home for Pace. In 2022, Kayne Griffin’s gallery on S. La Brea Ave, which featured key elements designed by James Turrell, became Pace’s new west coast flagship. The 15,000-square-foot Los Angeles gallery space, which occupies the site of a 1940s Californian auto showroom, features a permanent Skyspace by Turrell unique to the city.
Frequently Asked Questions (FAQ)
How did Ric Kayne make his money?
He is the founder of Kayne Capital and Kayne Anderson Rudnick. He sold Kayne Anderson Rudnick in 2001 to Phoenix Investment Partners.
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