Kayne Anderson Hires Jarvis Hollingsworth as General Counsel

Kayne Anderson Capital Advisors, L.P. ("Kayne") announced today that Jarvis V. Hollingsworth has joined the firm as General Counsel. He will also serve on the Executive Committee. Mr. Hollingsworth brings over 25 years of experience as an attorney, having previously been a partner at Bracewell LLP where he served as a member of the firm's Management Committee. His practice at Bracewell focused on corporate governance, fiduciary duties and director liability, advising Boards of Directors/Trustees of public and private companies and government and education institutions. Mr. Hollingsworth plans to allocate his time between Kayne's Los Angeles and Houston offices and will report directly to Mike Levitt, Kayne's CEO.

In joining Kayne, Mr. Hollingsworth will succeed David Shladovsky, who will remain at Kayne until his eventual retirement from the firm.

"We are so pleased that Jarvis is joining us at Kayne, he brings a unique combination of talents," said Mike Levitt, CEO of Kayne. "Jarvis' leadership skills, reputation and excellent counsel will be invaluable to us as we continue to grow and build for the future."

Mr. Levitt continued, "I am pleased that David Shladovsky has agreed to help with the transition and stay on for a period of time. For the last twenty-three years, David has helped our firm become a leading alternative investment manager and we thank him for his tremendous counsel and service along the way."

In addition to his prior legal practice, Mr. Hollingsworth is currently a trustee and Chairman of the Board of the Teacher Retirement System of Texas ("TRS"), a Texas state agency which manages a $150 billion-plus pension trust fund. His term extends until August 2023. Mr. Hollingsworth formerly served as a TRS Trustee from 2002 to 2008 and as Chairman of the Board from 2005 to 2008. He also serves on the Board of Directors of Cullen/Frost Bankers Inc. (Frost Bank) CFR, based in San Antonio, Texas, and on the Board of Directors of Emergent Technologies LP, a financial technology company that provides payment services in emerging markets and new blockchain-based payment technologies. He is a former Regent and Chairman of the Board of the University of Houston System, and has previously served as a director of the State Bar of Texas. Mr. Hollingsworth is a former Captain in the U.S. Army, having served on Active and Reserve duty. He received a B.S. from the United States Military Academy at West Point and his Juris Doctorate from the University of Houston. He is a member of the 2018 Ebony Magazine Power 100.

About Kayne Anderson Capital Advisors, L.P.

Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading alternative investment management firm focused on energy, infrastructure, real estate, credit, and growth equity. Kayne's investment philosophy is to pursue niches, with an emphasis on cash flow, where knowledge and sourcing advantages enables the Firm to deliver above average, risk-adjusted investment returns. As responsible stewards of capital, Kayne's philosophy extends to promoting responsible investment practices and sustainable business practices to create long-term value for our investors. Kayne manages approximately $30 billion in assets for institutional investors, family offices, high net worth and retail clients and employs 350+ professionals in five offices across the U.S.

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