Investment Summary

Kayne Anderson Capital Advisors Invests In GeoWealth

On November 4, 2021, asset manager Kayne Anderson Capital Advisors invested in financial services company GeoWealth

Investment Highlights
  • This is Kayne Anderson Capital Advisors’ 1st transaction in the Financial Services sector.
  • This is Kayne Anderson Capital Advisors’ 156th transaction in the United States.
  • This is Kayne Anderson Capital Advisors’ 3rd transaction in Illinois.

Investment Summary

Date 2021-11-04
Target GeoWealth
Sector Financial Services
Investor(s) Kayne Anderson Capital Advisors
Deal Type Venture

Target

GeoWealth

Chicago, Illinois, United States
GeoWealth provides an end-to-end asset management platform for registered investment advisors. The company provides a proprietary technology platform and advisory services for trading and rebalancing of the RIA’s model portfolios, a white-labeled client portal with reporting functionalities and back-office services, billing and account management. GeoWealth was founded in 2010 and is based in Chicago, Illinois.

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Investor(S) 1

Investor

Kayne Anderson Capital Advisors

Los Angeles, California, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1984
PE ASSETS 36.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Kayne Anderson Capital Advisors is an alternative investment management firm focused on hedge funds, public funds, energy private equity, growth private equity, real estate private equity, and mezzanine finance opportunities. Kayne's energy private equity group focuses on $20 to $100 million investments in high-growth exploration and production, midstream and oilfield service companies. The energy group considers both majority or minority stakes in public and private businesses. Kayne's growth private equity practice involves structured investments in public and private companies looking for capital to finance expansion. This group will also consider middle-market leveraged transactions and management buyouts. Kayne's real estate private equity group invests in established, cash-flow generating projects. Areas of interest include student housing and campus-oriented retail properties, amongst other opportunistic investments. The Group looks for acquisitions of $25 to $100 million. Kayne's mezzanine team looks to provide $20 to $35 million of capital for mid-market businesses with $100 to $500 million of sales and $10 to $50 million of EBITDA. Kayne Capital Advisors was formed in 1984 and is based in Los Angeles with additional offices in Armonk, New York; New York City, and Houston.


DEAL STATS #
Overall 173 of 177
Sector (Financial Services) 1 of 1
Type (Venture) 8 of 8
State (Illinois) 3 of 4
Country (United States) 156 of 160
Year (2021) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-19 Regiment Security Partners

Yonkers, New York, United States

Regiment Security Partners is a national, full-service security firm that provides unarmed and armed security guards, loss prevention specialists, special event officers, private investigators, and a host of security and risk management services. Regiment Security Partners is based in Yonkers, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-01 HRM Resources III

Denver, Colorado, United States

HRM Resources III is a private exploration and production company that focused on the acquisition and exploitation of long-lived oil and gas assets in the Rocky Mountain region. HRM Resources III is based in Denver, Colorado.

Sell -