Founder and Co-Chairman
Kayne Anderson Capital Advisors
Richard Kayne is the Founder and Co-Chairman of Kayne Anderson Capital Advisors, a Los Angeles-based manager of alternative investment strategies. The firm serves a distinguished client list of institutions, endowments, foundations, family offices and high net worth individuals.
Mr. Kayne founded Kayne Anderson in 1984, and has grown the firm through a disciplined, personal investment philosophy that emphasizes niche opportunities with attractive return expectations and lower risk characteristics. Mr. Kayne and the firm have long shared the importance of deploying knowledge and sourcing advantages as part of this philosophy. Today, the firm is one of the premier alternative asset managers specializing in oil and gas, energy infrastructure, credit, specialty real estate, growth private equity and marketable securities. Recognized as the industry leader in energy infrastructure investments, the firm is the largest investor in energy pipelines in the United States.
In addition to co-founding Kayne Anderson Capital Advisors, Mr. Kayne founded Kayne Anderson Rudnick, a traditional investment management firm. Mr. Kayne grew that firm to over $10 billion in assets under management and sold it in 2001 to the Phoenix Companies. Mr. Kayne is a trustee of and the former chairman of the Investment Committee of the University of California at Los Angeles (UCLA) Foundation and 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. Mr. Kayne earned a B.S. in statistics from Stanford University in 1966 and an M.B.A. from the University of California, Los Angeles in 1968.
Joshua S. Friedman
Co-Founder, Co-Chairman and Co-Chief Executive Officer
Canyon Partners, LLC
Joshua S. Friedman is Co-Founder, Co-Chairman and Co-Chief Executive Officer of Canyon Partners, LLC, a leading global alternative asset management firm headquartered in Los Angeles, California. Canyon specializes in value-oriented investments for endowments, foundations, pension funds, sovereign wealth funds and other institutional investors. Its investment strategies focus on distressed loans, corporate bonds, convertible bonds, securitized assets, direct investments, real estate, arbitrage, and value equities. Canyon Partners' flagship fund, the Canyon Value Realization Fund, twice received Institutional Investor's "Credit-Focused Hedge Fund Manager of the Year" Award.
Additionally, the Canyon Structured Asset Fund received Institutional Investor's "Hybrid Hedge Fund of the Year" Award. Mr. Friedman has also received Institutional Investor's "Lifetime Achievement" Award. Mr. Friedman is a graduate of Harvard College (1976) (B.A., summa cum laude, Phi Beta Kappa, Physics), Oxford University (1978) (M.A., honors, Politics and Economics, Marshall Scholar), Harvard Business School (1980) (M.B.A., Baker Scholar) and Harvard Law School (1982) (J.D., magna cum laude). Prior to forming Canyon, Mr. Friedman was Director of Capital Markets for High Yield and Private Placements at Drexel Burnham Lambert. Prior to working at Drexel, he worked in the Mergers and Acquisitions Department of Goldman Sachs in New York.
Mr. Friedman is a member of the Board of Directors of Harvard Management Company. He is also a member of Harvard's Committee on University Resources; the Harvard Business School Board of Dean's Advisors; the Harvard University Campaign Executive Committee; the Southern California Leadership Council for Harvard Law School; and the Harvard University Task Force on Science and Engineering. Mr. Friedman serves as a Trustee for the California Institute of Technology (Caltech); the Los Angeles Philharmonic; and the Los Angeles County Museum of Art (LACMA). Mr. Friedman is a member of the Investment Committees for the Broad Foundation and the J. Paul Getty Trust and chairs the Caltech Investment Committee and the LACMA Finance Committee. Mr. Friedman also serves on the Boards of Advisors of the UCLA Hospital Department of Neurosurgery and the UCLA Anderson School of Management.
Mr. Friedman and his wife, Beth, live in Los Angeles and have three sons.
|11:30 a.m. - 12:45 p.m.||Registration and Lunch|
|1:00 - 2:00 p.m.||Richard Kayne, Founder and Co-Chairman, Kayne Anderson Capital Advisors|
|2:00 - 3:00 p.m.||Panel Discussion|
|3:00 - 3:15 p.m.||Break|
|3:15 - 4:15 p.m.||Joshua S. Friedman, Co-Founder, Co-Chairman and Co-Chief Executive Officer, Canyon Partners, LLC|
|4:15 - 5:15 p.m.||Panel Discussion|
|5:15 - 6:30 p.m.||Reception|