Finance & Investing | Private Equity | Capital Markets | Private Equity Activity
Kayne Anderson Closes $1.6B Energy Fund
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Kayne Anderson Energy Funds, which invests in private oil and gas companies, announced that it has closed its sixth fund, Kayne Anderson Energy Fund VI, L.P., with total commitments of $1.6 billion. The Fund was considerably oversubscribed with strong support from existing investors and new commitments by some of the nation’s leading institutional investors.
“We are very pleased with the fundraising results and are delighted by the strong support shown by our investors. We believe the success of this raise is a reflection of the tremendous investment opportunity in today’s oil and gas sector, which is being driven by an incredible resurgence of North American energy production and an unprecedented need for capital formation in the industry,” said Danny Weingeist, Managing Partner of Kayne…
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