Kayne Anderson Capital Advisors LP (Los Angeles)

Name: Kayne Anderson Capital Advisors LP
Address: 1800 Avenue Of The Stars, Los Angeles, CA, 90067
Telephone: 310-282-7900

Kayne Anderson Capital Advisors LP is a large advisory firm based in Los Angeles. It manages $25.07 billion of regulatory assets for 128 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.

Kayne Anderson Capital Advisors provides financial planning services, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Kayne Anderson Capital Advisors: assets under management

The assets under management (AUM) of Kayne Anderson Capital Advisors LP is $25.07 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7873% since the beginning of its operation, and $1.54 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $25.07 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $195.83 million each.

Investments

The firm invests in exchange traded securities the most. They account for 43% of the total AUM. The second-largest asset type is other assets, which make up 40% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kayne Anderson Capital Advisors LP for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kayne Anderson Capital Advisors serves?

The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Kayne Anderson Capital Advisors is pooled investment vehicles with 89 clients and $22.91 billion of assets under management. Among the 10 most similar advisory firms, Kayne Anderson Capital Advisors has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $25.07 billion for 128 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Kayne Anderson Capital Advisors also advises several private funds. Namely, thirty seven hedge funds, seventeen real estate funds, and twenty nine private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Kayne Anderson Capital Advisors LP

The company employs 301 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 11 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Jarvis Vincent Hollingsworth joined the executive team most recently as the General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Kayne Anderson Investment Management	General partner	1 Jun 1994	25% - 50%	95-3936665
Richard Alan Kayne	Chairman & founder	1 Jun 1994	Other	265609
David Shladovsky	General counsel	1 Jan 1997	Other	2853905
Robert Vose Sinnott	Managing director	1 Jan 1997	Other	2153155
David Julius Shladovsky	Chief compliance officer	1 Jan 1997	Other	2853905
Howard Monroe Zelikow	Managing director	1 Aug 1997	Other	2212005
Ralph Collins Walter	Chief operating officer	1 Apr 2000	Other	849358
John Frederick Daley	Chief financial officer	1 Jul 2003	Other	3057693
Kevin Slattery Mccarthy	Managing partner and vice chairman	1 Jun 2004	Other	1308931
Judith Madelon Ridder	Chief compliance officer	1 Oct 2005	Other	4781074
Albert Rabil	Managing partner and chief executive offier	1 Dec 2007	Other	3167981
Allen Scott Keys	Chief administrative officer	1 Jul 2009	Other	5716062
Allen Scott Keys	Chief financial officer	1 Oct 2009	Other	5716062
Robert Vose Sinnott	Chief executive officer	1 Apr 2010	Other	2153155
Paul Francis Stapleton	Chief financial officer	1 Mar 2011	Other	4848451
Katharine Louise Hall	Chief compliance officer	1 Jan 2012	Other	6011298
Michael Joseph O'neil	Chief compliance officer	1 Mar 2012	Other	6043576
Michael Jeffrey Levitt	Chief executive officer	1 Jul 2016	Other	1616128
Paul Stuart Blank	Chief operating officer	1 Jul 2016	Other	4126840
Terrence Jerome Quinn	Vice chairman	1 Jul 2016	Other	1673911
Jarvis Vincent Hollingsworth	General counsel	1 May 2019	Other	5664586

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Ka Holdings	Owner	1 Aug 1995	75% - 100%	95-4570940
Richard Alan Kayne	Owner, president & director	1 Aug 1995	75% - 100%	265609
John Edward Anderson	Owner & director	1 Aug 1995	25% - 50%	1482027
John And Marion Anderson Trust A	Owner	1 Jan 2011	25% - 50%	xxx-xx-xxxx
Dated July 30 2002 Survivors' Trust Under The John And Marion Anderson Trust A	Owner	1 Jan 2011	Other	xxx-xx-xxxx

Based in Los Angeles

The principal office where Kayne Anderson Capital Advisors LP performs its advisory services is located at 1800 Avenue Of The Stars, Los Angeles, CA 90067, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-282-7900. The normal business hours are 8:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at kaynefunds.com and its LinkedIn profile.