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KKR Financial Holdings LLC



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KKR Financial shares tumble after downgrade

BOSTON (MarketWatch) -- Shares of KKR Financial Holdings LLC lost more than 20% on Monday morning and were one of the steepest percentage decliners on the New York Stock Exchange. J.P. Morgan analysts on Monday cut their ratings on KKR Financial shares to neutral from overweight. The analysts in a research note cited limited growth prospects for the company amid a worsening economic...

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KKR Financial Holdings LLC to Present at the Bank of America 38th Annual Investment Conference in San Francisco

SAN FRANCISCO, Sept. 9 /PRNewswire-FirstCall/ -- KKR Financial Holdings LLC (NYSE: ) (the "Company") announced today that Saturnino S. Fanlo, Chief Executive Officer, will present at the Bank of America 38th Annual Investment Conference in San Francisco on Monday, September 15, 2008. The presentation is scheduled to begin at noon, New York time. The presentation will be broadcast live...

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KKR's corporation in uncorporate dressing

... monitoring. But Dennis Berman’s discusses in today's WSJ a KKR publicly held vehicle, KKR Financial Holdings LLC (KFN) that looks more like a corporation than its "LLC" designation would suggest. Berman suggests that KKR would prefer to sweep this entity under the rug as it focuses on the IPO of its main business . KFN is trading at a discount to its book value, which Berman attributes...