<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: KAYNE ANDERSON CAPITAL ADVISORS, L.P.
Address: 1800 AVENUE OF THE STARS
SECOND FLOOR
LOS ANGELES, CA 90067
Form 13F File Number: 28-5066
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Richard A. Kayne
Title: President of the General Partner
Phone: (310) 556-2721
Signature, Place, and Date of Signing:
/s/ Richard A. Kayne Los Angeles, California 11 August 2000
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
None
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
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KAYNE ANDERSON CAPITAL ADVISORS, L.P.
(FORMERLY NAMED KAIM NON-TRADITIONAL, L.P.)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 34
Form 13F Information Table Value Total: $106,425
(thousands)
List of Other Included Managers:
NONE
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KAYNE ANDERSON CAPITAL ADVISORS, L.P.
FORM 13F INFORMATION TABLE
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4
------------------------------ -------------- -------- --------
TITLE VALUE
NAME OF ISSUER OF CLASS CUSIP (X 1000)
-------------------------------------------------------------------------
<S> <C> <C> <C>
Bestfoods COM 08658u101 1,385
Big Dog Hldgs Inc COM 089128102 1,065
CVB Finl Corp COM 126600105 325
Cannondale Corp COM 137798104 3,652
Capital Automotive REIT COM SH BEN INT 139733109 438
Center Tr Inc COM 151845104 71
Cooper Cameron COM 216640102 1,320
Day Runner Inc COM NEW 239545205 202
Diamond Offshore Drilling COM 25271c102 351
Dresdner RCM Glbl Stratgc Incm COM 26157b101 217
Financial Sec Assurn Hldgs Ltd COM 31769p100 1,700
General Mtrs Corp COM 370442105 2,381
Glacier Water Svcs Inc COM 376395109 12,533
Glenborough Rlty Tr Inc PFD CV SER A% 37803p204 733
Global Crossing Ltd PFD CV 6.75% g3921a134 2,196
Globalstar Telecommunictns Ltd COM g3930h104 963
Hugoton Rty Tr Tex UNIT BEN INT 444717102 873
Kaneb Pipe Line Partners L P SR PREF UNIT 484169107 709
Kinder Morgan Energy Partners UT LTD PARTNER 494550106 1,486
Loral Space & Communications PFD CONV C 6% g56462149 594
Meridian Resource Corp COM 58977q109 12,800
Mexico Fd Inc COM 592835102 521
Navigators Group Inc COM 638904102 2,114
Plains All Amern Pipeline L P UNIT LTD PARTN 726503105 4,057
Plains Res Inc COM PAR $0.10 726540503 38,787
Prime Retail Inc PFD CONV SER B 741570303 1,828
Putnam Master Inter Income Tr SH BEN INT 746909100 362
Right Start Inc COM NEW 766574206 8,360
Schlumberger Ltd COM 806857108 373
Sports Club Inc COM 84917p100 2,391
TAM Restaurants Inc COM 874835101 250
TC Pipelines LP UT COM LTD PRT 87233q108 893
Templeton Global Income Fd Inc COM 880198106 424
Ugly Duckling Corp COM 903512101 71
106,425
</TABLE>
<TABLE>
<CAPTION>
COLUMN 1 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------------ ------------------------ ---------- -------- ----------------------
SHARES or PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER PRN AMT SH/PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Bestfoods 20,000 SH SOLE 20,000
Big Dog Hldgs Inc 258,300 SH SOLE 258,300
CVB Finl Corp 20,531 SH SOLE 20,531
Cannondale Corp 561,801 SH SOLE 561,801
Capital Automotive REIT 31,000 SH SOLE 31,000
Center Tr Inc 14,000 SH SOLE 14,000
Cooper Cameron 20,000 SH SOLE 20,000
Day Runner Inc 196,321 SH SOLE 196,321
Diamond Offshore Drilling 10,000 SH SOLE 10,000
Dresdner RCM Glbl Stratgc Incm 35,000 SH SOLE 35,000
Financial Sec Assurn Hldgs Ltd 22,400 SH SOLE 22,400
General Mtrs Corp 41,000 SH SOLE 41,000
Glacier Water Svcs Inc 1,055,446 SH SOLE 1,055,446
Glenborough Rlty Tr Inc 42,500 SH SOLE 42,500
Global Crossing Ltd 10,000 SH SOLE 10,000
Globalstar Telecommunictns Ltd 107,000 SH SOLE 107,000
Hugoton Rty Tr Tex 70,200 SH SOLE 70,200
Kaneb Pipe Line Partners L P 29,100 SH SOLE 29,100
Kinder Morgan Energy Partners 37,200 SH SOLE 37,200
Loral Space & Communications 25,000 SH SOLE 25,000
Meridian Resource Corp 2,250,270 SH SOLE 2,250,270
Mexico Fd Inc 35,000 SH SOLE 35,000
Navigators Group Inc 234,884 SH SOLE 234,884
Plains All Amern Pipeline L P 217,800 SH SOLE 217,800
Plains Res Inc 2,433,638 SH SOLE 2,433,638
Prime Retail Inc 261,130 SH SOLE 261,130
Putnam Master Inter Income Tr 58,000 SH SOLE 58,000
Right Start Inc 1,832,138 SH SOLE 1,832,138
Schlumberger Ltd 5,000 SH SOLE 5,000
Sports Club Inc 683,200 SH SOLE 683,200
TAM Restaurants Inc 420,582 SH SOLE 420,582
TC Pipelines LP 54,100 SH SOLE 54,100
Templeton Global Income Fd Inc 68,500 SH SOLE 68,500
Ugly Duckling Corp 10,000 SH SOLE 10,000
</TABLE>
