Kayne Anderson Capital Advisors has appointed James K Hunt as Managing Partner & CEO of Middle Market Credit. In addition to focusing on corporate credit product development, he will work with the firm’s senior credit team based in Chicago and the junior capital team based in New York.
Those teams will continue to be led, respectively, by middle market lending veterans Ken Leonard, Al Ricchio, Andy Marek, and Doug Goodwille in Chicago and Tom Archie, John McNulty and Jenna Young in New York.
Kayne Anderson’s Middle Market Credit platform lends to US middle market companies seeking capital for growth, acquisitions, recapitalisations and/or change of control. Kayne Anderson provides complete debt capital solutions to its middle market clientele with first and second lien secured debt, last-out financing, unitranche and mezzanine financing. While a generalist lender, Kayne Anderson Middle Market focuses on companies with EBITDA between USD10 million to USD50 million and invests between USD10 million and USD75 million per transaction. The platform has investment teams in New York, Chicago, Houston and Los Angeles.
Previously, Hunt was the founding Chairman, Chief Executive Officer and Chief Investment Officer of THL Credit, Inc and THL Credit Advisors LLC. Created in 2007, THL Credit is an investment manager for both direct lending and tradeable credit. Prior to THL, Hunt was Managing Partner and Chief Executive Officer of Bison Capital which he co-founded in 2001 with an emphasis on unsponsored investments. From 1990 through 2000, he was President of SunAmerica Corporate Finance and an Executive Vice President of SunAmerica Investments, Inc. (subsequently, AIG SunAmerica). At SunAmerica, Hunt was responsible for high-yielding investments including CLO management, private placements, acquisition financing, term loans and portfolio purchases, structured finance and specialty finance corporate acquisitions. Hunt joined SunAmerica from the Davis Companies, a private equity investment firm, where he was responsible for acquisitions. Prior to that he worked at Citicorp for over 14 years, where he held a variety of leveraged lending, credit and finance positions, culminating in the role of Senior Credit Officer and Vice President/Area Head for the Far West U.S. leveraged lending group.
