Kayne Partners Fund Reputation Amongst Growth Equity Shops?

Kayne Partners Fund, the growth arm of Kayne Anderson is recruiting at my school for summer interns. From what I know about the firm, it is a top firm for energy + oil & gas PE but not sure of the reputation of its TMT growth arm.

Can anyone in the know shed some light into the reputation, exit opps, split of work (100% sourcing or opportunity to do deal work), and firm culture? Would you take this over an IB internship?

From what I've scoured on the internet, the group supposedly went through a management change where analysts are no longer just doing full-on sourcing and are getting involved in deal execution and financial analysis. Can someone confirm this?

10 Comments
 

Per the website I t’s not a true growth shop (at least not in the way you would use the term for Insight, Summit, TA, etc.) in that they are not tech focused — their “growth fund” refers to any minority primary capital investment across several sectors. Seems less than prime time to me, so I’d prioritize one of the shops above if you’re interested in this space

 

Interviewed there. Dope firm with a bro-y culture. Analysts do primarily sourcing whereas associates do heavy sourcing with some execution. Lotta Penn presence at the firm

 

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