The US hedge fund, a major investor in shipping MLPs, has bought an additional 466,909 units in KNOT, SEC filings show.
The latest move lifts its holding in the US-listed shipowner from 12.36% to 15.08%, the filings showed.
Kayne Anderson’s total investment in KNOT following the latest trades amounts to close to 2.6m shares worth $55.8m.
Shares in the KNOT were down 95 US cents, or 4.55%,
