Kayne Anderson Capital Advisors has closed its fifth energy private equity fund with total commitments of USD820m.
Kayne Anderson Capital Advisors has closed its fifth energy private equity fund with total commitments of USD820m.
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 USD20m to USD150m.
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 USD2.7bn of the more than USD6bn in assets under the firm’s management.
