Kayne Anderson BDC names Frank Karl president

Kayne Anderson BDC (KBDC) announced the promotion of Frank Karl to President and the appointment of Andy Wedderburn-Maxwell as Senior Vice President. Frank Karl joined Kayne Anderson Capital Advisors, L.P., in 2013 and previously served as Senior Vice President of the Company since 2023. He has been a Managing Director at Kayne Anderson since 2021 and has been focused on Kayne Anderson’s private credit strategies during his entire tenure at the firm. “Frank played a pivotal role in the formation of KBDC and was instrumental in leading our IPO process and the recent strategic investment into SG Credit. Having worked alongside him for more than a decade I’ve had the opportunity to witness his investment expertise, focus on lasting borrower partnerships, and strong alignment with our collaborative culture. I have full confidence that Frank and the broader Kayne Anderson leadership team, will continue to advance our growth strategy and deliver compelling risk-adjusted returns for our shareholders,” said Doug Goodwillie, Co-CEO of KBDC.