By Tyler Losier, Energy Reporter, Oil & Gas 360

Kayne Anderson Energy Fund VIII invests $100 million in newly-formed Indianola Energy
Kayne Anderson Capital Advisors LP, through its Kayne Anderson Energy Fund VIII LP, has made a $100 million equity commitment in order to form Indianola Energy LLC, an upstream entity that will purse the acquisition and development of highly-proven resource plays across North America.

The newly-created company will be led by energy sector veterans Chapman Amend and Todd Burgamy.

“We are excited to partner with Kayne Anderson to deploy our strategy, which is centered on operations and execution capabilities,” Amend said. “As the market has shifted to placing a preference on living within cash...

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