Richard Alan Kayne | |
Birth Date: | [1] |
Nationality: | American |
Education: | Stanford University (BA) UCLA (MBA) |
Occupation: | investor |
Known For: | co-founder of Kayne Anderson Capital Advisers |
Spouse: | Suzanne Kayne |
Children: | 3 |
Richard Alan Kayne (born 1945/1946) is an American billionaire private equity investor and the majority owner of Kayne Anderson Capital Advisers, which he founded in 1984 and has $26 billion in assets under management.[2]
Kayne was born to a Jewish family, the son of Ida and Jerry Kayne.[3] In 1966, Kayne graduated with a BS in statistics from Stanford University; and in 1968, an MBA from UCLA.[4] After school, he worked as an analyst in New York and then as a principal at Cantor Fitzgerald. In 1984, Kayne co-founded Kayne Anderson Capital Advisers with John E. Anderson.
Kayne is a director of the Jewish Community Foundation of Los Angeles and a trustee of the UCLA Foundation. As of August 2017, his net worth is estimated at $1.3 billion.[2] He is married to Suzanne, a Los Angeles County Museum of Art trustee.[2] They live in Santa Monica, and have three daughters: Jenni Kayne Ehrlich (who has her own clothing line with six stores);[5] Maggie Kayne (who founded the Kayne Griffin Corcoran art gallery with Bill Griffin and James Corcoran; and Saree Kayne.[6] Although his wife is not Jewish, they raised their daughters in the Jewish faith.