Tuesday, November 26, 2013
Kayne Anderson Backs ColdLight Solutions
Los Angeles-based private equity investor Kayne Anderson Capital Advisors has backed a developer of automated, machine learning and big data, predictive analytics software called ColdLight Solutions, the company said Monday. Financial terms of the investment were not disclosed. Kayne Anderson manages around $24 billion in capital. The companies did not say if Kayne Anderson took a minority or majority stake in ColdLight, which is based in Wayne, Pennsylvania.