November 2, 2023Kayne Anderson Growth Capital Named to Inc.’s 2023 List of Founder-Friendly Investors
LOS ANGELES, CA, September 27, 2021 – Kayne Partners, the growth equity strategy of Kayne Anderson Capital Advisors, L.P. (“Kayne” or the “Firm”), a leading alternative asset management firm with over $30 billion under management, today announced that it was named to the 2021 GrowthCap’s Top 25 Private Equity Firms for Growth Companies Firms List.
In naming Kayne Partners to its Top 25 Private Equity Firms for Growth Companies of 2021 award list, GrowthCap recognized Kayne Partners for its consistent ability to bring proprietary resources, beyond just financial capital to help portfolio companies scale and build long-term value. According to GrowthCap, they considered over 900 firms for this year’s awards process and selected the top 25 by focusing on the “uniqueness of each firm’s capabilities across market intelligence, strategic analysis, operational improvements, executive networks, mergers and acquisitions, sales organization effectiveness, and other key areas.” This year, GrowthCap also put a heavy emphasis on firm’s who have played an instrumental role in repeatedly helping portfolio company management teams implement business improvements. Additionally, each firm’s culture, organizational growth over time and its commitment to ESG were also examined as part of the nomination process.
This year’s award follows GrowthCap’s recognition of Kayne Partners in 2020 as a Top 25 Growth Equity firm and in prior years of four members of the Kayne Partners team, including, Managing Partners, Nishita Cummings, Nathan Locke and Leon Chen and Vice President, Robert Shilton, in the Top 40 under 40 Growth Investors category.
“We are honored to be recognized again this year as one of GrowthCap’s Top 25 Private Equity Firms for Growth Companies,” said Nishita Cummings, Managing Partner and Co-Head of Growth Equity at Kayne Partners. “It is an exciting time to be partnering with exceptional entrepreneurs and high growth software companies amid this ongoing digital transformation that is driving massive opportunity for our current and future portfolio companies. We thank the leaders we’ve had the pleasure of working with and have looked to us for our industry expertise, strategic support, unique set of big firm resources and successful track record of building market leaders of the future.”
“The past two years have been unforgettable years and I continue to be proud of our team and portfolio company management teams who have continued to show incredible resilience,” said Nathan Locke, Managing Partner and Co-Head of Growth Equity at Kayne Partners. Kayne Partners has always had an appreciation for innovative and deeply committed founders and management teams who have strong conviction in their businesses and have built companies with clear competitive advantages that drive massive adoption and scale globally. These companies share common qualities of capital efficient growth, ROI-driven value propositions, and loyal blue-chip customer bases.”
Since 2002, Kayne Partners’ strategy has been to partner with high-growth software companies at a critical inflection point and support them with capital and stage-specific expertise to drive growth and unlock value. During this time, Kayne Partners has maintained a disciplined focus on partnering with management and founder-owned technology businesses in the lower middle market. Kayne Partners’ portfolio of 40 enterprise software and technology-enabled companies are located throughout North America within six primary high-growth industries and various sub-sectors across media & telecommunications, supply chain & logistics, financial technology, healthcare IT, security & compliance, and business process outsourcing & automation.
About Kayne Partners
Kayne Partners, the Los Angeles-based dedicated growth private equity group of Kayne Anderson Capital Advisors, L.P., is a leading provider of capital and connections to privately held, high growth, enterprise software and tech-enabled service businesses in North America. Kayne Partners seeks to partner with driven entrepreneurs and provide capital to high growth companies at a transformative point in their life cycle in the following industries: media & telecommunications, supply chain & logistics, financial technology, healthcare IT, security & compliance, and business process outsourcing and automation. For more information, please visit www.kaynepartners.com.
About Kayne Anderson Capital Advisors
Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading alternative investment management firm focused on real estate, credit, infrastructure/energy, renewables, and growth equity. Kayne’s investment philosophy is to pursue niches, with an emphasis on cash flow, where our knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. As responsible stewards of capital, Kayne’s philosophy extends to promoting responsible investment practices and sustainable business practices to create long-term value for our investors. Kayne manages over $30 billion in assets (as of 7/1/2021) for institutional investors, family offices, high net worth and retail clients and employs over 325 professionals in five core offices across the U.S.