Kevin S. McCarthy

Chairman, President and Chief Executive Officer

Mr. McCarthy is Chairman, President and Chief Executive Officer of KYN, KYE, KMF and KED and managing partner of Kayne Anderson Capital Advisors, L.P. In these positions, Mr. McCarthy has extensive knowledge of each Company, its operations, personnel and financial resources. Prior to joining Kayne Anderson in 2004, Mr. McCarthy was most recently global head of energy at UBS Securities LLC. In this role, he had senior responsibility for all of UBS' energy investment banking activities, including direct responsibilities for securities underwriting and mergers and acquisitions in the MLP industry. From 1995 to 2000, Mr. McCarthy led the energy investment banking activities of Dean Witter Reynolds and then PaineWebber Incorporated. He began his investment banking career in 1984. In addition to his directorships at KYN, KYE, KMF and KED, he is also on the board of directors of Range Resources Corporation, ProPetro Services, Inc., International Resource Partners LP, Direct Fuel Partners, L.P. and K-Sea Transportation Partners LP. Mr. McCarthy earned a B.A. in Economics and Geology from Amherst College in 1981 and an M.B.A. in Finance from the Wharton School at the University of Pennsylvania in 1984. Mr. McCarthy's position of influence and responsibility at each Company and at KA Fund Advisors, LLC (KAFA), combined with his experience advising energy companies as an investment banker, make him a valued member of the Board of each Company.