Ric Kayne is the Founder and co-Chairman of Kayne Anderson Capital Advisors, a Los Angeles-based manager of alternative investment strategies. The firm, which was founded in 1984, serves a distinguished client list of institutions, endowments, foundations, family offices and high net worth individuals.
Ric is responsible for having grown the firm to become one of the premier alternative asset managers in the United States, specialising in oil and gas, energy infrastructure, credit, specialty real estate, growth private equity and marketable securities.
In addition to co-founding Kayne Anderson Capital Advisors, Ric also founded Kayne Anderson Rudnick, a traditional investment management firm – which he grew to over $10 billion in assets under management, before selling it in 2001 to the Phoenix Companies.
Ric and his wife Suzanne’s shared love of New Zealand has seen them make significant (and ongoing) investments in order to establish the country as a world-class golfing destination – including the development of the globally-recognised Tara Iti golf course in Te Arai, north of Auckland. The course, designed by renowned course designer, Tom Doak, was played by President Barack Obama during his visit to New Zealand in 2018.
Ric’s future plans include the development of two further golf courses in the Northland region, near Tara Iti, as well as significant investments in the Queenstown area.
Ric is a trustee of, and the former chairman of, the Investment Committee of the University of California at Los Angeles (UCLA) Foundation, and he is a trustee of and former co-chairman of the Investment Committee of the Jewish Community Foundation of Los Angeles.
He began his career in the mid-1960s as an analyst with Loeb, Rhodes & Co. in New York and was a principal of Cantor Fitzgerald & Co., Inc., where he managed private accounts, a hedge fund and a portion of firm capital.