Douglas Goodwillie

Douglas Goodwillie is Managing Partner and Co-Head of Kayne Anderson's Private Credit business, which he helped build after joining the firm in 2011. He has more than 27 years of experience in middle-market direct lending and has underwritten over $9.0 billion of loan volume over his career. Kayne Anderson Private Credit is the firm's middle-market direct lending platform, managing over $10 billion in credit assets; the broader Kayne Anderson firm had approximately $31.6 billion in total AUM as of early 2025.

Before Kayne Anderson, Goodwillie was a Director at LBC Credit Partners, a middle-market private debt fund with over $4.0 billion under management, where he originated senior and mezzanine transactions. Prior to that he was an Operating Director at Arsenal Capital Partners in New York, leading the firm's capital markets efforts and serving as an industry specialist in financial services. He also spent roughly seven years at Dymas Capital Management in Chicago, a leading middle-market finance company, where he originated, underwrote, and managed senior and junior middle-market loans. He began his career in 1997 at Gleacher Partners, focused on leveraged lending and M&A advisory.

Goodwillie holds a B.A. from Kenyon College and an M.B.A. from the University of Chicago. He is a recurring speaker at industry events such as the Private Debt Investor (PDI) New York Forum.

• Middle-market direct lending, not venture: Provides financing solutions to mid-sized companies "with strong, sustainable cash flows" across a range of industries in North America — this is debt, not seed equity.
• Credit profile: Loans are typically senior secured, floating-rate, and conservatively structured with covenants, targeting borrowers with roughly $7.5M–$50M of EBITDA.
• Scale: The Kayne Anderson Private Credit platform has deployed over $14 billion in directly originated investments and manages $10B+ in credit assets.
• Stated approach (his own words): "We focus on continuing to build our platform of private credit offerings that serve our limited partners with reliable capital solutions." (on the firm's growth strategy)
• What makes them say yes: Established companies needing acquisition, buyout, refinancing, or growth debt financing — with defensible cash flows that support a covenanted, secured loan — rather than early-stage startups.