David LaBonte is Director of Research and a senior managing director for Kayne Anderson Capital Advisors. Mr. LaBonte is responsible for overseeing the Firm’s research department which provides equity research and analytics of energy-related master limited partnerships, oil and gas royalty trusts, companies engaged in coal production and marine transportation, as well as various other publicly traded companies in the energy and power industries. Prior to joining Kayne Anderson in 2005, Mr. LaBonte was a managing director in the U.S. Equity Research Division of Citigroup/Smith Barney. He was responsible for providing research coverage of master limited partnerships, the coal industry and other midstream energy companies. Mr. LaBonte was named a top ranked research analyst for stock selection in polls by the Wall Street Journal and Forbes magazine. Mr. LaBonte has been credited for providing “groundbreaking research” of master limited partnerships by Gas Processor’s Report, a leading industry publication. His research of master limited partnerships has also been featured in Barron’s and Investor’s Business Daily as well as Fortune, Individual Investor, and Smart Money magazines. Prior to joining Citigroup/Smith Barney in 1998, Mr. LaBonte was a vice president in the Investment Management Group of Wells Fargo. He was responsible for equity research coverage of U.S. companies in the natural gas pipeline industry. Mr. LaBonte earned a B.S. in Finance from the California State Polytechnic University, Pomona in 1993. He is a member of the CFA Institute and the New York Society of Security Analysts.