X0202 3 2005-06-23 1 0001301508 KKR Financial Corp KFN 0001074607 ALDINGER WILLIAM F III C/O KKR FINANCIAL CORP. FOUR EMBARCADERO CENTER, SUITE 2050 SAN FRANCISCO CA 94111 1 0 0 0 No securities owned. William F. Aldinger 2005-06-23