A. Colby Parker
About A. Colby Parker
A. Colby Parker is Chief Financial Officer and Treasurer of Kayne Anderson Energy Infrastructure Fund, Inc. (KYN), serving in these roles since April 2022 and elected annually; he has served as an officer of KYN since January 2019. Parker is a Managing Director at Kayne Anderson (since August 2023) and previously served as Controller at Kayne Anderson from July 2015 to August 2023; he was born in 1987 and has no other disclosed public directorships. KYN is externally managed by KA Fund Advisors, LLC (KAFA); executive officers are employed and compensated by KAFA rather than KYN, with KAFA indicating KYN’s performance is considered for certain senior manager compensation but specific metrics are not disclosed .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) | Vice President | Jun 2020 – Mar 2022 | Executive officer supporting finance/treasury functions within externally managed closed-end fund |
| Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) | Assistant Treasurer | Jan 2019 – Mar 2022 | Assisted treasury operations; continuity in officer roles |
| Kayne Anderson (Kayne Anderson Capital Advisors) | Controller | Jul 2015 – Aug 2023 | Led firm-level accounting/controls; relevant to KYN’s externally managed model |
| Kayne Anderson | Managing Director | Aug 2023 – Present | Senior leadership at adviser; compensation determined by KAFA considering fund performance |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| None disclosed | — | — | No other directorships disclosed for past five years |
Fixed Compensation
KYN does not pay salaries, bonuses, pensions, perquisites, or maintain executive employment agreements; executive officers are compensated by KAFA.
| Component | Amount/Terms | Notes |
|---|---|---|
| Base salary | Not applicable (paid by KAFA; not disclosed by KYN) | KYN pays no salaries to executive officers |
| Target bonus % | Not applicable (KAFA-determined; not disclosed) | KAFA considers KYN performance for certain senior managers |
| Actual bonus | Not applicable (KAFA-determined; not disclosed) | Not segregable to KYN services |
| Pension/SERP | None provided by KYN | KYN does not provide pension/retirement |
| Perquisites | None provided by KYN | No perquisites or personal benefits |
| Deferred compensation | None provided by KYN | — |
Performance Compensation
KYN does not maintain executive equity/incentive plans; KAFA states fund performance is a factor for certain senior manager compensation but details are not disclosed.
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| KAFA senior manager compensation (considering KYN performance) | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not applicable at KYN (no company equity plans) |
KYN does not maintain compensation plans under which its equity securities are authorized for issuance; thus, no RSUs/PSUs/options are granted by KYN to executive officers .
Equity Ownership & Alignment
| Item | Value | Notes |
|---|---|---|
| Common shares owned (beneficial) | 4,373 | Direct beneficial ownership per proxy table |
| Shares outstanding (common) | 169,126,038 (as of Dec 31, 2024) | Used for ownership % derivation |
| Ownership % of common | ~0.0026% (4,373 ÷ 169,126,038) | Derived from disclosed share counts |
| Vested vs. unvested shares | Not disclosed | KYN does not issue equity awards to execs |
| Options (exercisable/unexercisable) | None disclosed at KYN | KYN does not maintain equity compensation plans |
| Shares pledged as collateral | Not disclosed | No pledging disclosure found in proxy |
| Stock ownership guidelines | Not disclosed | No executive ownership policy disclosure found |
| Aggregate Kayne Anderson-related insider/common ownership | ~$35 million in KYN common (aggregate for firm officers/employees) | Alignment at adviser level |
Employment Terms
| Term | Details |
|---|---|
| Role and election | CFO & Treasurer since Apr 2022; executive officer elected annually; served since Jan 2019 |
| Employment agreement | None with KYN (executive officers are KAFA employees) |
| Severance provisions | None from KYN |
| Change-of-control provisions | None from KYN |
| Clawback provisions | Not disclosed |
| Non-compete / Non-solicit | Not disclosed in KYN filings |
| Garden leave / Consulting post-termination | Not disclosed |
| Time allocation requirement | KAFA personnel not required to dedicate specific time; devote portion as needed for KAFA duties |
Additional Governance/Disclosure Notes
- Parker is listed as a proxy appointee for KYN’s 2025 Annual Meeting (with Adriana I. Jimenez) per proxy card language .
- Section 16(a) compliance: KYN reported compliance for directors/executive officers; noted late Form 3 filings for two other officers, not Parker .
Investment Implications
- Pay transparency is structurally limited: As an externally managed closed-end fund, KYN does not compensate executive officers; KAFA determines compensation, stating KYN performance is considered but providing no metric weights/targets—reducing pay-for-performance visibility and limiting direct linkage to KYN TSR or operating metrics .
- Equity alignment at the individual level is modest: Parker’s disclosed beneficial ownership is 4,373 shares (~0.0026% of common), implying limited direct financial alignment via KYN equity; no company-issued equity awards, options, or vesting schedules exist to drive selling pressure or retention dynamics .
- Retention risk primarily tied to KAFA: Absence of KYN employment agreements, severance, or change-of-control economics suggests retention and incentives reside at the adviser; investors should evaluate KAFA’s internal compensation structure and any firm-level ownership/lockup policies. Aggregate insider/firm-related ownership (~$35 million) supports broader organizational alignment with KYN, albeit not specific to Parker .
- Pledging/hedging policy and ownership guidelines: Not disclosed for executive officers, representing a diligence gap for alignment risk assessment .