KKR Strategic Capital Fund Announces Planned Launch
February 27 2006 - 8:39PM
PR Newswire (US)
SAN FRANCISCO, Feb. 27 /PRNewswire-FirstCall/ -- KKR Strategic
Capital Fund (the "Fund"), an investment vehicle being sponsored by
KKR Financial LLC, announced today its intention to commence
operations subsequent to June 30, 2006. It is anticipated that the
Fund will primarily focus on stressed and distressed opportunities
and market dislocation investments. The Fund will be managed by KKR
Financial LLC, which, through KKR Financial Advisors LLC, also
manages KKR Financial Corp, a real estate investment trust (REIT)
that is publicly traded on the New York Stock Exchange under the
ticker symbol "KFN." It is anticipated that all of KKR Strategic
Capital Fund's executive officers will be employees and/or officers
of KKR Financial LLC. CONTACT: Investors Media Laurie Poggi Roanne
Kulakoff/Joseph Kuo KKR Financial LLC Kekst and Company
415-315-3718 212-521-4837/4863 First Call Analyst: FCMN Contact:
laurie.poggi@kkr.com DATASOURCE: KKR Financial LLC CONTACT:
investors, Laurie Poggi of KKR Financial LLC, +1-415-315-3718, or
media, Roanne Kulakoff, +1-212-521-4837, or Joseph Kuo,
+1-212-521-4863, both of Kekst and Company, for KKR Financial LLC
Web site: http://www.kkrfinancial.com/
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