Kayne Partners, the Los Angeles-based dedicated growth private equity team of Kayne Anderson Capital Advisors, L.P., is pleased to announce that Nishita Cummings, Managing Partner, Co-Head of Growth Equity, and Co-Portfolio Manager has been named on the 2021 GrowthCap’s Top 25 Software Investors List.
In naming Nishita Cummings a Top 25 Software Investor, GrowthCap recognized her years of demonstrated leadership, breadth of deal experience, work ethic, and her many accomplishments. Over the years, Ms. Cummings has played a leading role in building a team of 18 people with a focus on diversity with the team being over 50% female or minority. During her time at Kayne, Ms. Cummings has been responsible for 28 platform investments and 19 realizations. She is responsible for playing a pro-active leadership role in refining the team’s proprietary sourcing strategy, including the expansion into Canada, identifying investment themes, developing actionable new investment opportunities, deal execution and driving enterprise value creation within existing portfolio companies. She is also a founding member of The Women’s Technology Circle (a Kayne Partners Fund Initiative), member of Kayne Partners Investment Committee and was recently appointed to the Board of Kayne Anderson Capital Advisors, L.P.
This year’s award process was extremely competitive. According to GrowthCap, “Hundreds of nominations were submitted representing investors from over ninety firms. The 2021 awardees are some of the most experienced, accomplished, and exceptional individuals in software investing. Nominees were evaluated based on the quality of the feedback they received from portfolio company CEOs, firm colleagues, as well as peers in the industry.”
“Nishita is one of the most intelligent investors I have encountered in my career. She spends time to understand the CEO’s vision and she builds trust with management and the board to support the vision,” said Baha Zeidan, CEO of Azalea Health, a Kayne Partners portfolio company that was successfully exited to LLR Partners. “Nishita’s approach of building alignment with the CEO is proven to create enterprise value and great returns for her investors.” Igor Vaks, founder and CEO of CreatorIQ, another Kayne Partners portfolio company added, “Nishita is generous with her time, insightful and effective. She has become a true partner to me in growing our business and I’m happy to see her recognized for her leadership in helping founders like me succeed.”
“Having worked alongside Nishita for more than a decade at Kayne Partners, I’ve seen her exceptional abilities and skills first-hand, and there is no doubt she is one of the top growth stage software investors. I applaud her on this much deserved recognition and know personally the value she has created for the companies we partner with, our investors, and our own team internally,” said Nathan Locke, Managing Partner and Co-Head of Growth Equity at Kayne Partners.
About Kayne Partners
Kayne Partners, the Los Angeles-based dedicated growth private equity group of Kayne Anderson Capital Advisors, L.P., is a leading provider of capital and connections to privately held, high growth, enterprise software and tech-enabled service businesses in North America. Kayne Partners seeks to partner with driven entrepreneurs and provide capital to high growth companies at a transformative point in their life cycle in the following industries: media & telecommunications, supply chain & logistics, financial technology, healthcare IT, security & compliance, and business process outsourcing and automation. For more information, please visit www.kaynepartners.com.
About Kayne Anderson Capital Advisors
Kayne Anderson Capital Advisors, L.P., founded in 1984, is a leading alternative investment management firm focused on real estate, credit, infrastructure/energy, renewables, and growth equity. Kayne’s investment philosophy is to pursue niches, with an emphasis on cash flow, where our knowledge and sourcing advantages enable us to deliver above average, risk-adjusted investment returns. As responsible stewards of capital, Kayne’s philosophy extends to promoting responsible investment practices and sustainable business practices to create long-term value for our investors. Kayne manages over $30 billion in assets (as of 9/30/2021) for institutional investors, family offices, high net worth and retail clients and employs over 350 professionals in five core offices across the U.S.
For more information, please visit www.kaynecapital.com.
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