Richard Kayne (investor)

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Richard Alan Kayne
Born1945or1946(age 77–78) [1]
NationalityAmerican
Education Stanford University (BA)
UCLA (MBA)
Occupationinvestor
Known forco-founder of Kayne Anderson Capital Advisers
SpouseSuzanne Kayne
Children3

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]

Contents

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. [4] In 1984, Kayne co-founded Kayne Anderson Capital Advisers with John E. Anderson. [4]

Personal life

Kayne is a director of the Jewish Community Foundation of Los Angeles and a trustee of the UCLA Foundation. [4] 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: [4] 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. [6]

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References

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