Firm: Kayne Anderson Capital Advisors
Fund: Kayne Anderson Energy Fund VI LP
Amount Raised: $1.6 Billion
Initial Target: $1.6 Billion
Chief Executive: Robert Sinnott
Kayne Anderson Capital Advisors, a Los Angeles-based private equity firm that focuses on oil and gas buyouts, closed its sixth fund, Kayne Anderson Energy Fund VI LP, raising $1.6 billion overall and matching the fund’s initial target. The new fund is nearly double the size of its previous effort, the 2009-vintage Fund V, which raised $820 million. Fund VI was “considerably oversubscribed,” according to the firm.The firm attracted significant interest from pension funds toward the end of 2012, landing a $70 million commitment from the Orange County Employees’ Retirement System, $10 million commitments from the Colorado Fire and Police Pension Association and the San Antonio ...