Richard Kayne (investor) explained

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]

Biography

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.

Personal life

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.

Notes and References

  1. Web site: Forbes Billionaires:Richard Kayne . Forbes. July 1, 2019 .
  2. Web site: Wealthiest Angelenos: 51. RICHARD KAYNE - Los Angeles Business Journal. 28 August 2017. labusinessjournal.com. 6 March 2018.
  3. Web site: Michael . Aushenker . The Circuit . Jewish Journal. September 25, 2013.
  4. Web site: Richard (Ric) Kayne, MBA 1968 - "Inspirational 100" Alumnus . UCLA Anderson School of Management. July 1, 2019.
  5. Web site: Suzanne . Zuckerman . Jenni Kayne & Richard Ehrlich . InStyle Weddings. April 2007.
  6. Web site: Kevin . West . Meet Los Angeles' Coolest Sister Act: Jenni, Saree, and Maggie Kayne . W Magazine. June 1, 2013 . Although Suzanne never converted to Judaism, Ric’s religion, she brought the kids up Jewish.