Kayne Anderson Growth Capital

Name

Kayne Anderson Growth Capital

Legal name

Kayne Anderson Capital Advisors, L.P.

Website

https://kayneanderson.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

Kayne Anderson Capital Advisors is a private alternative investment manager founded in 1984, managing $41 billion in AUM across real estate, credit, energy infrastructure, and energy private equity strategies for institutional and individual investors.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Technology & Software Growth Equity (FSANACAA)

akta.pro secondary industries

Business Services (B2B) Growth Equity (FSANACAD), SME Term Loans & Growth Capital (FSAKAGAB)

Keywords

• Alternative investment management
• Private credit lending
• Growth equity capital
• Real estate investing
• Energy infrastructure funds

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Fund Management Fees: Management fees charged on assets under management across various fund strategies including real estate, credit, energy infrastructure, and energy private equity funds.
2. Performance/ carried interest Fees: Performance-based fees from successful fund investments, particularly from energy private equity and real estate opportunistic funds.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Kayne Anderson Growth Capital provides growth capital and strategic support to rapidly growing companies, exemplified by its majority stake acquisition in TeleMed2U. As part of Kayne Anderson Capital Advisors, L.P., it sits within a broader alternative investment management platform managing $41 billion in AUM across real estate, credit, energy infrastructure, and energy private equity strategies for institutional investors, family offices, and high net worth individuals.

Product overview

Kayne Anderson is an alternative investment management firm founded in 1984, offering a multi-strategy platform across four core investment disciplines: Real Estate, Credit, Energy Infrastructure, and Energy Private Equity. The firm manages $41 billion in assets through various fund structures including commingled funds, separate accounts, and publicly-traded vehicles. Key products include the Real Estate platform (specializing in student housing, senior housing, medical office, and light industrial), the Credit platform (middle-market direct lending, CLOs, and opportunistic credit), the Energy Infrastructure strategy (infrastructure securities), and the Energy Private Equity practice (oil and gas investments). The firm also offers Kayne Anderson BDC, Inc. (NYSE:KBDC), a publicly-traded Business Development Company, and Kayne Anderson Private Credit, a middle-market credit platform.

Differentiator

Problem solved

Functional benefit

Brands

• KAREA (Kayne Anderson Real Estate Advisors): The real estate investment management platform specializing in specialized real estate sectors including student housing, senior housing, medical office, and industrial properties.
• Kayne Anderson Private Credit
• Kayne BDC
• Kayne BDC Inc.

Products and services

• Real Estate Strategy Vertically integrated investment platform covering student housing, senior housing, medical office, and light industrial real estate sectors for institutional investors. Specializes in niche real estate sectors with deep sector expertise and full lifecycle investment management capabilities.
• Credit Strategy Long-term capital commitment to 'all-weather' credit asset classes and opportunistic strategies including middle-market direct lending, CLOs, real estate debt, and opportunistic credit solutions for institutional investors and middle-market companies.
• Energy Infrastructure Strategy Investment in energy infrastructure marketable securities in commingled funds since 1998, focusing on MLPs and infrastructure-related securities. The firm is one of the largest investors in the energy infrastructure space.
• Energy Private Equity Strategy Private equity investments in upstream oil and gas sector, including the Private Energy Income Funds strategy targeting opportunistic acquisitions of long-life, low-risk onshore oil and gas assets. One of the most successful investors in the upstream oil and gas sector.
• Kayne Anderson BDC, Inc. (KBDC) Publicly traded Business Development Company on NYSE investing primarily in first-lien senior secured loans, with secondary focus on unitranche and split-lien loans to middle market companies in the United States. Focused on current income generation and capital appreciation for retail and institutional investors.
• Kayne Anderson Private Credit Middle-market private credit platform with approximately $6 billion in AUM providing financing solutions to middle-market companies across a wide array of industries through senior secured loans, unitranche, and split-lien structures.
• Kayne Anderson Growth Capital (Growth Equity) Growth equity arm of Kayne Anderson providing capital and strategic support to rapidly growing companies, including majority stake acquisitions in operating businesses such as TeleMed2U, a telemedicine services provider serving over 2 million lives across 20 specialties.
• Kayne Senior Credit Fund III Middle-market credit fund providing privately originated secured loans to middle-market businesses in North America, with approximately $3.0 billion of investable capital.
• Kayne Anderson Real Estate Debt IV (KARED IV) Real estate debt fund focused on Freddie Mac structured products and direct loan originations for structured real estate finance, closed with $1.875 billion in capital commitments.
• Energy Private Equity Fund (latest) Largest ever Energy Private Equity Fund with $2.25 billion in final close commitments, targeting upstream oil and gas investments in North America.
• Opportunistic Equity Fund (Real Estate) Opportunistic real estate equity fund closed with $5.12 billion in oversubscribed commitments, the firm's largest ever closed-end fund.

Quantifiable outcome

• Final close of $2.25 billion for Energy Private Equity Fund - largest ever
• +5 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered core and minor.

• TeleMed2UcoreStrategic or Co-development Partner · 11 March 2024Kayne Anderson Growth Capital acquired a majority stake in TeleMed2U, a telemedicine services provider. The partnership aims to expand the company's network and technological capabilities, serving over 2 million lives across 20 specialties with over 275 specialist care providers.
• Sturgeon Ventures LLPminorImplementation/ SI/ Consulting PartnerKayne Anderson Capital Advisors UK Limited is an Appointed Representative of Sturgeon Ventures LLP, which is Authorised & Regulated by the Financial Conduct Authority in the UK.
• West Valley EnergycoreStrategic or Co-development PartnerWest Valley Energy Corp. is a private oil and gas company backed by Warburg Pincus and Kayne Anderson Energy Funds. The company was formed to capture and develop scalable resource plays in Alberta.
• Valorem EnergycoreStrategic or Co-development PartnerValorem Energy, LLC was backed by the Kayne Private Energy Income Fund. Founded in 2017, the company deployed over $1 billion of capital to acquire and operate large, producing onshore U.S. oil and gas assets.
• Flywheel EnergycoreStrategic or Co-development PartnerFlywheel Energy received $700 million equity commitment from Kayne Private Energy Income Funds platform. The company acquired Southwestern Energy's Fayetteville Shale business for $1.865 billion.
• Alamo Resources IIminorStrategic or Co-development PartnerAlamo Resources II received up to $50 million in equity commitments from Kayne Anderson Energy Funds. The company was founded to acquire and develop oil and natural gas properties primarily in New Mexico and Texas.
• Tradition Senior LivingminorStrategic or Co-development PartnerKayne Anderson Real Estate announced recapitalization of Class A Senior Housing Portfolio in partnership with Tradition Senior Living (June 2026).
• Capstone DevelopmentminorStrategic or Co-development PartnerKayne Anderson Real Estate Advisors formed strategic partnership with Capstone Development for student housing investments.
• Flagship Investment GroupminorStrategic or Co-development PartnerKayne Anderson expanded strategic partnership with Flagship Investment Group for student housing and self storage acquisitions.
• Discovery Management GroupminorStrategic or Co-development PartnerKayne Anderson Real Estate Advisors and Discovery Management Group acquired Florida senior housing portfolio together.
• BKM Capital PartnersminorStrategic or Co-development PartnerBKM Capital Partners and Kayne Anderson Real Estate acquired a $1.8 billion portfolio of light industrial assets (June 2026).
• FourPoint ResourcescoreStrategic or Co-development PartnerFourPoint Resources, Quantum Capital Group and Kayne Anderson agreed to acquire Ovintiv Uinta Basin Assets for $2 billion (November 2024).
• Quantum Capital GroupcoreStrategic or Co-development PartnerFourPoint Resources, Quantum Capital Group and Kayne Anderson agreed to acquire Ovintiv Uinta Basin Assets for $2 billion (November 2024).

Scale indicators24 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• KKR: Global alternative asset manager with private equity, real estate, credit, and infrastructure strategies. Comparable multi-strategy platform with similar institutional LP base and growing public market vehicles (KKR & Co Inc., NYSE: KKR).
• Brookfield Asset Management: Major alternative asset manager with focus on real estate, infrastructure, renewable power, and private equity. Highly comparable to Kayne's energy infrastructure and real estate strategies, though much larger and broader.
• Carlyle Group: Global alternative asset manager with private equity, credit, and real assets strategies. Comparable multi-strategy platform with publicly listed shares (NASDAQ: CG) and similar institutional LP base.
• Blackstone: Largest global alternative asset manager with multi-strategy coverage including real estate (BREIT, BREP), credit, private equity, and infrastructure. Directly comparable multi-strategy franchise though vastly larger in scale ($1T+ AUM vs. Kayne's $41B).
• Apollo Global Management: Leading alternative asset manager with a particularly strong credit franchise (Ares-competing), private equity, and real estate strategies. Highly comparable due to credit + private equity + real estate overlap with Kayne's strategy mix.

Direct peers

• Ares Management: Alternative asset manager focused on credit, private equity, real estate, and infrastructure with publicly listed shares (NYSE: ARES). Among the closest comparables in scale and strategy mix, with particularly heavy overlap in middle-market direct lending (Ares Capital) where Kayne Anderson Private Credit competes.
• Oaktree Capital Management: Specialist credit and distressed debt manager with publicly listed shares (NYSE: OAK) under Brookfield ownership. Direct comparable to Kayne Anderson Private Credit given the overlapping middle-market direct lending and opportunistic credit strategies.
• Quantum Capital Group: Houston-based private investment firm focused on energy private equity with co-investment history with Kayne Anderson (Ovintiv Uinta Basin acquisition). Closest comparable in the energy PE strategy.
• Intermediate Capital Group (ICG): London-listed alternative asset manager specializing in private credit, private equity, and real assets with comparable mid-market focus. Similar institutional LP model and multi-strategy credit + equity approach.

Others

• P10, Inc. NYSE-listed alternative asset investment platform whose subsidiary Bonaccord Capital Partners made a minority investment in Kayne Anderson Private Credit. Thematically related as a multi-affiliate alt manager and direct counterparty; comparable for benchmarking LP-side strategic minority stakes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kayne-anderson

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments60 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kayne Anderson Growth Capital