Adriana I. Jimenez
About Adriana I. Jimenez
Adriana I. Jimenez (born 1976) serves as Vice President of Kayne Anderson Energy Infrastructure Fund, Inc. (KYN), elected annually and in role since December 2021; she has also served as Controller at Kayne Anderson since 2011 . KYN’s executive officers are employees of KA Fund Advisors (KAFA) and its affiliates; KYN does not pay salaries, bonuses, equity, or perquisites to its executive officers, and has no employment agreements or change‑of‑control arrangements for them . Fund performance context during her tenure: FY 2024 net asset return 57.1% and market return 75.4%; Q1 FY 2025 net asset return −1.1% and market return −4.9% .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) | Vice President | Dec 2021 – present | Officer elected annually; executive officers are KAFA employees |
| Kayne Anderson NextGen Energy & Infrastructure, Inc. (KMF) | Vice President | Dec 2021 – Nov 2023 | Served through merger of KMF into KYN in Nov 2023 |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Kayne Anderson | Controller | 2011 – present | Firm‑level finance leadership role; informs KAFA’s management of KYN |
| Other Directorships | None | Past five years | No public company board roles disclosed |
Fixed Compensation
| Component | KYN Policy | Notes |
|---|---|---|
| Base Salary | Not paid by KYN | Executive officers are compensated by KAFA; KYN does not pay salaries |
| Bonus | Not paid by KYN | No bonuses paid by KYN |
| Equity (RSUs/PSUs/Options) | None at KYN | KYN does not maintain plans authorizing issuance of its equity to executives |
| Perquisites | None | No pension, retirement benefits, or perquisites provided by KYN |
| Employment Agreements | None | No employment agreements with executive officers |
| Severance/Change of Control | None | No arrangements to make payments upon termination or change of control |
| Clawbacks/Tax Gross‑ups | Not disclosed | No clawback or gross‑up provisions disclosed for executive officers |
Performance Compensation
- KAFA compensation framework: executives are compensated by KAFA; KAFA “takes into account the performance of the Company” in determining compensation of certain senior managers, and compensation may increase depending on KYN performance; KAFA cannot segregate compensation attributable solely to KYN .
- No weighting, targets, payout curves, or vesting schedules are disclosed by KYN for executive officers; any incentive design resides at KAFA and is not reported in KYN’s proxy .
Fund Performance Context (during Jimenez’s tenure)
| Metric | FY 2023 | FY 2024 | Q1 FY 2025 |
|---|---|---|---|
| Total investment return (NAV) | 8.7% | 57.1% | −1.1% |
| Total investment return (Market) | 4.3% | 75.4% | −4.9% |
Equity Ownership & Alignment
| Metric | As of 12/31/2023 | As of 12/31/2024 |
|---|---|---|
| Common shares owned (direct/beneficial) | 3,350 | 3,639 |
| Shares outstanding | 169,126,038 | 169,126,038 |
| Ownership % of common | ~0.0020% (calc: 3,350/169,126,038) | ~0.0022% (calc: 3,639/169,126,038) |
| Preferred shares owned | None disclosed | None disclosed |
| Pledging/Hedging | Not disclosed | Not disclosed |
| Stock ownership guidelines | Not disclosed for executives | Not disclosed |
| Aggregate insider alignment | Kayne Anderson and certain officers/employees owned ~$35 million of KYN common stock (aggregate) as of 12/31/2024 |
Notes:
- Percent of class is below 1% per proxy tables for all executive officers .
- Section 16(a) compliance affirmed; no >10% common stock holders among individuals in FY 2024; one late Form 3 noted for other officers (not Jimenez) .
Employment Terms
| Term | Detail |
|---|---|
| Position/Term | Vice President; elected annually; served since Dec 2021 |
| Employer | Employee of KAFA/Kayne Anderson; not directly compensated by KYN |
| Contract Term/Expiration | No employment agreement with KYN; no auto‑renewal clauses at KYN |
| Non‑compete/Non‑solicit/Garden leave | Not disclosed by KYN |
| Post‑termination arrangements | None at KYN; no severance/change‑of‑control payments |
Investment Implications
- Pay‑for‑performance alignment: Incentives are set and paid by KAFA, with KYN performance considered qualitatively; absence of KYN‑issued equity or cash pay reduces direct pay‑for‑performance transparency at the fund level, but aggregate insider ownership (~$35 million) suggests meaningful firm‑level economic alignment with KYN shareholders .
- Retention risk: Long tenure at Kayne Anderson (Controller since 2011) and continued officer status at KYN since 2021 indicate organizational stability; retention drivers will be driven by KAFA’s broader compensation and career pathways rather than KYN‑specific arrangements .
- Insider selling pressure: Individual holdings are small (<0.01% of common), limiting potential selling overhang; no pledging or hedging disclosures identified in the proxy .
- Trading signals: Strong FY 2024 NAV/market returns provide supportive context for KAFA‑linked incentive outcomes but lack of disclosed targets/metrics/payout curves limits inference; near‑term returns moderated in Q1 FY 2025 (−1.1% NAV) amid sector volatility, which KAFA notes it considers as part of performance management .