KAYNE ANDERSON CAPITAL ADVISORS LP

Kayne Anderson Capital Advisors is an alternative investment firm that was founded in 1984. The company’s principals include “a disciplined investment approach, employing high-quality people, partnering with the highest standards of excellence and aligning our interests with those of our investors and partners and translating that into attractive investment growth.” Kayne Anderson Capital Advisors focuses on narrow market segments whose size and complexity are barriers of entry to other investment firms in order to exploit the niche markets to be able to create its investment returns. The company utilizes a fundamental analysis with a bottom up stock picking approach to make is investment decisions, also obtaining research externally. Kayne Anderson Capital Advisors focuses its investments in the energy sector, which alone makes up over 80% of its total investment allocations, and specializes in energy marketable securities, growth private equity, upstream energy private equity, middle market credit, municipal opportunities, and real estate private equity. Within the energy sector, Kayne Anderson Capital Advisors focuses on investing in small to mid-cap companies, oil and gas exploration and product companies, energy infrastructure, oilfield services, and energy technology companies. The company also invests in the utilities and telecommunications sectors with further asset allocation in the transports, materials, industrials, and information technology sectors to a lesser degree, in order of decreasing amount allocated. Kayne Anderson Capital Advisors has approximately 300 investment professionals located in 8 offices across the U.S. The majority of its clients are pooled investment vehicles, which alone makes up approximately two thirds of its entire client base, and also includes high net worth individuals, pension and profit sharing plans, charities, investment companies, corporations, state or municipal entities, and insurance companies, in order of decreasing clientele. Its mutual fund offerings include the MLP & Energy Income, Transamerica High Yield Bond, Money Market, and Emerging Markets Equity, among many others.