- Los Angeles
Richard Kayne is the founder and co-chair of Kayne Anderson.
Kayne founded Kayne Anderson in 1984, and has grown the firm through a disciplined, personal investment philosophy that emphasizes niche opportunities with attractive return expectations and lower risk characteristics. Kayne and the firm have long shared the importance of deploying knowledge and sourcing advantages as part of this philosophy.
In addition to co-founding Kayne Anderson, Kayne founded Kayne Anderson Rudnick, a traditional investment management firm. Kayne grew that firm to over $10 billion in assets under management and sold it in 2001 to the Phoenix Companies.
Kayne is a trustee of and the former chairman of the investment committee of the University of California at Los Angeles (UCLA) Foundation and is a trustee of and former co-chairman of the investment committee of the Jewish Community Foundation of Los Angeles.
Kayne began his career in the mid-1960s as an analyst with Loeb, Rhodes & Co. in New York and was a principal of Cantor Fitzgerald & Co., Inc., where he managed private accounts, a hedge fund and a portion of firm capital.
Kayne earned a B.S. in statistics from Stanford University in 1966 and an M.B.A. from the University of California, Los Angeles in 1968.