KKR Financial Company Description
KKR Financial Holdings is a specialty finance company that invests in secured and unsecured corporate loans, including mezzanine loans, high-yield corporate bonds, asset-backed securities, and debt and equity securities. It has more than $18 billion of assets under management. The company is managed by KKR Financial Advisors; both companies are affiliates of private equity and leveraged buyout firm Kohlberg Kravis Roberts. Formerly a real estate investment trust (REIT), KKR Financial had significant investments in residential mortgages and related securities, but with the mortgage market melting down, the company restructured, dropped its REIT status, and stopped investing in residential mortgages in 2007.
View the Comprehensive Company Description for KKR Financial
The Company Description provides a historical perspective of KKR Financial's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of KKR Financial's evolution in the marketplace.
