Kayne Anderson Capital Advisors LP (Los Angeles)


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.

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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. The adviser charges an additional fee when a set benchmark is outperformed. 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.