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Stock impact report

Kayne Anderson Closed-End Funds Announce Management Succession Plan

Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) 
US:NYSE Investor Relations: kaynefunds.com/kyn/fact-sheet
Company Research Source: GlobeNewswire
HOUSTON, Jan. 11, 2019 (GLOBE NEWSWIRE) -- KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the adviser to Kayne Anderson MLP/Midstream Investment Company (NYSE: KYN) and Kayne Anderson Midstream/Energy Fund (NYSE: KMF), announced today that Kevin McCarthy plans to step down as CEO of the closed-end funds in June 2019 and as Chairman of the Board in June 2020.  The Board of Directors of each of KYN and KMF intends to elect Jim Baker as CEO of each entity effective July 1, 2019. “I am so pleased to have served the shareholders of KYN and KMF over the past 15 years and I have complete confidence in Jim’s ability to successfully lead the companies in the future.  I have worked with Jim for almost 22 years and know this will be a seamless transition, as Jim has an expert level of understanding and knowledge of our sector and outstanding leadership capabilities,” said Kevin McCarthy. “On behalf of the entire management team at Kayne Anderson, I want to thank Kevin for his cont Show less Read more
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