KKR Financial Holdings is a holding company. Co., together with its subsidiaries, is a specialty finance company with a range of asset classes. Co. operates its business through several reportable segments, which it has determined to be: Credit, which includes primarily below investment grade corporate debt comprised of senior secured and unsecured loans, mezzanine loans, private and public equity investments, high yield bonds, and distressed and stressed debt securities; Natural Resources, which consists of non-operated working and overriding royalty interests in oil and natural gas properties; and Other, which includes all other portfolio holdings, including commercial real estate.
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