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.
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 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.
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.
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.
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.