Kayne Senior Credit will be led by middle market veterans Ken Leonard, Al Ricchio and Andy Marek. The trio were co-founders in 2002 of Dymas Capital Management, which was organized as an affiliate of
The new partnership with Kayne Anderson will focus on senior secured loans to mid-market companies, and will employ a generalist industry focus. The senior credit team will work closely with Kayne’s existing middle market mezzanine finance business, Kayne Anderson Mezzanine Partners.
Kayne Anderson is an alternative asset management firm with $13 billion in assets under management, focusing on niche investments in upstream energy, energy infrastructure, specialty real estate, credit and growth private equity.
(Leela Parker is a correspondent for Thomson Reuters LPC in New York.)