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KKR Financial Holdings' CEO Discusses 4Q2011 Results - Earnings Call Transcript

Stocks in this article: KFN

KKR Financial Holdings LLC (KFN)

Q4 2011 Earnings Call

February 6, 2011 5:00 p.m. EST


Angela Yang – IR

Bill Sonneborn – CEO

Michael McFerran – CFO and COO


John Hecht – JMP Securities

Jasper Burch – Macquarie Capital

Stephen Laws – Deutsche Bank

Wayne Cooperman – Cobalt Capital

Daniel Furtado – Jefferies

Lee Cooperman – Omega Advisers



Good day and welcome to the KKR Financial Holdings LLC Fourth Quarter 2011 Earnings Conference Call.

Today’s call is being recorded.

At this time I would like to turn the conference over to Angela Yang, Investor Relations. Please go ahead.

Angela Yang

Thank you, operator, and good afternoon everyone. I'm Angela Yang, part of Investor Relations for KKR Financial Holdings LLC. And joining me on the call today are Bill Sonneborn, our Chief Executive Officer, and Michael McFerran, our Chief Operating and Financial Officer.

This afternoon’s call is being webcast on our website at, in the Investor Relations section. There will be a replay of the call available as well.

Our financial results for the fourth quarter and year ended December 31, 2011 were issued today, and as with prior quarters, a supplemental information packet is available in the Investor Relations section of our website.

Before we get started, I’d like to caution you that this conference call and webcast contains forward-looking statements that are based on the belief of the management team regarding the operations and the results of operations of the company as well as general economic condition. These beliefs and the related forward-looking statements are subject to substantial risks and uncertainties which are described in greater detail in the filings we have made with the Securities and Exchange Commission and a supplemental information packet available on our website. These filings are available on the Securities and Exchange Commission’s website at KFN’s actual results may differ materially from those reflected in the forward-looking statements.

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