Firm: Kayne Anderson Capital Advisors
Fund: Kayne Anderson Mezzanine Partners LP
Target: $500 million
Placement Agent: The Forbes Private Capital Group
The Forbes Private Capital Group, a new placement agency led by Guggenheim Partners co-founder Todd Morley, is helping Kayne Anderson raise the fund.
The Los Angeles-based firm has done mezzanine investing in the past, but this is its first pure mezzanine fund. The firm formed the mezzanine group last year when it recruited Ed Cerny and Dave Petrucco from The
Other senior members of the eight-person mezzanine finance group include three managing directors: Thomas Archie, formerly a director at Guggenheim Partners; John McNulty, formerly an executive director in the leveraged capital markets group at UBS Securities; and Kurt Prohl, a former vice president in the energy investment banking group at BMO Capital Markets.
Kayne Anderson is better known for its energy investments. In July 2009, it closed its fifth energy-focused investment fund with $820 million in commitments, and since 1998 it has invested in more than 50 energy companies. The firm, which manages a total of $9.8 billion in investments, also manages a $136 million real estate fund,