News & Insights

Kayne Anderson Closes $820 Million Energy Private Equity Fund

July 1, 2009

HOUSTON- Kayne Anderson Capital Advisors, L.P. (“Kayne Anderson”) is pleased to announce the closing of its fifth energy private equity fund with total commitments of $820 million. Since 1998, Kayne Anderson has made investments in more than 50 energy companies. As with prior funds, the new fund will focus on making private equity investments in early to mid-stage North American oil and gas companies with typical investments ranging from $20 million to $150 million. Kayne Anderson targets oil and gas companies with strong management teams that need strategic equity capital to finance acquisition and development opportunities.

The energy private equity management team of Kayne Anderson consists of 13 investment professionals based in Houston and Los Angeles, managing $2.7 billion of the more than $6 billion in assets under the firm’s management. For more information on Kayne Anderson’s energy private equity investing, please visit our website at www.kayneenergy.com, or contact Danny Weingeist at (713) 655-7351, Chuck Yates at (713) 655-7354 or Mike Heinz at (713) 655-7352.