KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC

Kayne Anderson Rudnick Investment Management is an investment management company based out of Los Angeles. The company was established in 1984 by cofounders John E. Anderson, Richard Kayne, and Allan M. Rudnick, who officially joined the company in 1989. The firm now has 76 employees with 16 of them being investment professionals and operates as a subsidiary of Virtus Partners. Kayne Anderson Rudnick Investment Management conducts its research in house, utilizing a proprietary research focused on fundamental analysis and a bottom up investment approach. The company invests in the public equity and fixed income markets on a global scale, focusing on high quality growth and value stocks of companies across all value caps. Kayne Anderson Rudnick Investment Management invests most heavily in the information technology sector, which alone makes up over a fifth of its total asset allocations, and also invests in the finance, industrials, consumer discretionary, industrials, health care, consumer staples, and energy sectors, among others to a lesser degree, in order of decreasing allocation. The company currently holds over $9.3 billion in total assets under management spread across 13,400 accounts with 7,700 accounts being discretionary and 5,700 being non-discretionary, respectively making up $8 billion and $1.4 billion of its held assets. Although its total number of accounts held has not increased significantly from five years prior, its total assets under management has grown from under $3.5 billion to almost three times that amount today. Kayne Anderson Rudnick Investment Management mainly caters to high net worth individuals, which alone makes up over half of its entire client base, and also provides services to a wide variety of clients ranging from state and municipal government entities to pension and profit sharing plans. The company’s family of mutual funds currently includes its International Small Cap, Mid Cap Core, Small Cap Sustainable Growth, and Large Cap Quality Value strategies, among others.