Kayne Anderson BDC (NYSE:KBDC) (NYSE: KBDC) is a closed-end management investment company organized as a business development company (BDC) that provides financing solutions to U.S. middle-market companies. Since its launch in 2014, KBDC has targeted established firms seeking growth capital, acquisitions, refinancings, or balance sheet restructuring. The company’s portfolio emphasizes first-lien senior secured loans, unitranche structures, second-lien facilities and equity co-investments, enabling it to tailor financing solutions to meet the unique needs of its borrowers.
Through its affiliation with Kayne Anderson Capital Advisors, LLC, a specialized alternative investment manager founded in 1984, KBDC leverages deep industry expertise in sectors such as healthcare, energy, business services, consumer products and technology. The firm’s credit professionals conduct detailed due diligence, focusing on companies with strong cash flows, defensible market positions and experienced management teams. Geographic diversification is primarily U.S.-centric, spanning industries across major commercial hubs from the East Coast to the West Coast.
KBDC is externally managed by Kayne Anderson Capital Advisors, whose senior leadership team is headquartered in Los Angeles and includes seasoned investment professionals with extensive backgrounds in private credit, distressed debt and direct lending. The company’s board of directors combines independent oversight with strong industry experience, ensuring rigorous risk management and adherence to regulatory requirements governing BDCs.
Over its history, Kayne Anderson BDC has built a diversified portfolio of middle-market credit and equity investments designed to generate income and capital appreciation for shareholders. By focusing on selective underwriting and active portfolio management, the firm aims to deliver consistent dividend distributions and long-term value while supporting the growth initiatives of its portfolio companies across the U.S.
