Kayne Anderson Rudnick Investment Management was founded in 1984 by two successful entrepreneurs, Richard Kayne and John Anderson, to manage the funds of its principals and clients. John Anderson is a prominent Los Angeles attorney and businessman, member of the Forbes 400, and named benefactor of The Anderson School of Business at the University of California, Los Angeles.
The firm, headquartered in Los Angeles, is wholly owned by Virtus Investment Partners (VRTS). The firm’s clients include corporate and public pension plans, foundations, endowments, brokerage firms, and high-net-worth individuals.
The objective of KAR’s investment approach is to build a diversified portfolio of high-quality companies that have dominant competitive positions, high levels of profitability, low demands for capital, low debt, and consistent and sustainable long-term growth. KAR follows a bottom-up, fundamental approach to investing. The primary investment focus is to analyze the business and KAR approaches their investments with the mind-set of a business owner. They own focused portfolios reflecting their strong conviction in the businesses in which they invest and they invest with long-term vision resulting in low portfolio turnover. |