The Los Angeles Business Journal recently interviewed Kayne Anderson Rudnick’s (KAR) Executive Managing Director Stephen Rigali about the firm’s growth strategy, including its move to international investments. Read the original article here.
KAR has achieved noteworthy organic growth in recent years, expanding its assets under management (AUM) from $22 billion in 2018 to nearly $70 billion as of September 2023. Rigali believes this growth reflects KAR’s unwavering commitment to excellence and its deliberate decision to forgo mergers and acquisitions, instead focusing on cultivating long-term client relationships and striving for strong investment outcomes. He goes on to outline the following attributes he believes have been essential to KAR’s success:
- Collaborative leadership and strategic focus
- A unique definition of quality
- Comprehensive and evolving investment strategies
- Tailored wealth management services
- Sustained organic growth
- A vision for the future
Through the firm’s collaborative leadership structure and disciplined investment philosophy, KAR applies consistent principles across its 23 equity strategies in order to foster success across diverse markets while emphasizing quality over short-term metrics. By identifying businesses with sustainable competitive advantages and growth potential, KAR has established itself as a leader in U.S. equity strategies and expanded successfully into global markets, including Asia and Europe.
The firm manages assets for corporations, endowments, foundations, public entities, and high-net worth and ultra-high net worth individuals, and offers financial planning, investment advisory, executive and consulting services.
As it continues to grow, KAR remains committed to its principles of quality, trust, and collaboration, ensuring a strong foundation for future success while nurturing the next generation of leadership.
