Kayne Anderson Real Estate Announces Strategic, Minority Investment by Goldman Sachs Asset Management Petershill Platform

Kayne Anderson Real Estate ("KA Real Estate" or the "firm"), an investment firm focused on alternative real estate asset classes, announced that Goldman Sachs Asset Management's AIMS Petershill program has made a passive minority investment to support the continued success of KA Real Estate. The firm will continue to be a part of Kayne Anderson Capital Advisors and operate under the direction of Al Rabil, Co-founder, Managing Partner and Chief Executive Officer, and David Selznick, Chief Investment Officer, with no changes to the management, funds or control of the business. Kayne Anderson Real Estate is a leading real estate investor that manages nearly $8 billion on behalf of institutional, foundation, endowment and high net worth investors globally. The firm invests in opportunistic, core and debt strategies in the alternative real estate sectors of medical office, seniors housing, student housing and self-storage. The platform was launched in 2007 as a partnership between Kayne Anderson Capital Advisors, L.P. (KACALP) and Mr. Rabil. KA Real Estate will remain a part of KACALP, which oversees $31 billion with more than 30 years of successful alternative investment management experience in the infrastructure, energy, real estate, credit and growth capital sectors.