This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

KKR Financial Holdings' CEO Hosts Analyst Day (Transcript)

Stocks in this article: KFN

And that means that earning that trust means delivering to all of you at investors at KFN. And another reason that KFN is so important to all of us is we believe that we have created something pretty unique at KFN and the world of specialty finance companies. We are not a franchise business, but rather we are people, the people at KFN who manage these different businesses are also very much the same people, the same investment people at KKR.

We are one and we worked very well together. So we have complete attention at KFN of all the people at KKR. Now the one thing you also have to understand any of you that have come to the KKR Investor Day have to understand one of things we like to talk about a lot is the one firm concept. And that one firm concept is very important and that means that the people that KFN get all of the ideas that we have across a broader ray of products across KKR, not just in the US, not just in Europe, not just in Asia but globally and people help each other, work together and so you are getting that opportunity.

We have over 400 investment professionals around the world and you will be surprised how many ideas actually percolate up from some other part of KKR. It could be an idea that's coming out of Asia that has nothing to do with KFN directly, but they find an idea and the way our compensation system works overall, they are incentivized to bring those ideas to KFN or to anybody else for that matter, but the focus is on how can they help KFN.

We don't believe that there is any other $1.6 billion mid caps specialty finance company with a sourcing engine like we have and it's because of this one firm, it is because of the way we operate in working together. We are focused today at KFN, you are going to hear a lot about this. If on areas of really capital imbalances, supply demand imbalances that take place and that's where we think you find the most important and the most interesting ideas.

3 of 10

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs