HR: Kayne Anderson hires new CEO

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[Context: After calling off a $2.55bn acquisition by Ares Management in late 2015, Kayne Anderson announced the appointment of a new CEO from Apollo.]

Mike Levitt to Join Kayne Anderson Capital Advisors as Chief Executive Officer

Former Vice Chairman of Apollo Credit and Founder of Stone Tower Capital to Expand Executive Management Along With Kayne Founder and Co-Chair Ric Kayne and Kayne President and Co-Chair Robert Sinnott

LOS ANGELES–July 14, 2016 –(BUSINESS WIRE)–Kayne Anderson Capital Advisors, L.P. (“Kayne”), a leading alternative asset manager, announced today that it has named Mike Levitt Chief Executive Officer (“CEO”) of Kayne.

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