Richard Kayne (investor)

Richard Alan Kayne
Born1945 or 1946 (age 78–79)[1]
NationalityAmerican
EducationStanford 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]

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]

References

  1. ^ "Forbes Billionaires:Richard Kayne". Forbes. Retrieved July 1, 2019.
  2. ^ a b c "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. ^ a b c d e "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. ^ a b 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