Kayne Anderson Capital Advisors LP has closed its third middle-market credit fund at about $3 billion.
Led by Doug Goodwillie and Ken Leonard, Managing Partners, Kayne Senior Credit Fund III exceeded its fundraising target, with support from with existing investors and new domestic and international clients.
KSCF III will focus on providing secured loans to middle-market businesses in North America.
Founded in 1984, Kayne Anderson Capital Advisors is an alternative investment management firm focused on niche investing in upstream oil and gas companies, energy and infrastructure, specialized real estate, growth equity and both private credit and diversified liquid credit.
The firm manages $29 billion in assets (as of 7/31/2018) for institutional investors, family offices, high net worth and retail clients and employs over 300 professionals in eight offices across the U.S.