Kayne Anderson Energy Development Company is a non-diversified, closed-end management investment company. The Company?s investment objective is to generate both current income and capital appreciation primarily through equity and debt investments. It invests primarily in energy companies that are not publicly traded (private companies). The Company seeks to invest at least 80% of its net assets together with the proceeds of any borrowings in securities of energy companies, which include midstream energy companies, upstream and other energy companies. The Company?s investment advisor is KA Fund Advisors, LLC, a subsidiary of Kayne Anderson Capital Advisors, L.P.(Source: 10-K)
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