KKR expects to raise up to $1.73 billion by way of a convertible stock offering to expand its investments. The private-equity and investment company said Tuesday that it has begun an offering of 30 million shares of its series D mandatory convertible preferred stock to raise an initial $1.5 billion.

KKR intends to use the net proceeds from the offering for the acquisition of additional equity interests in core private equity portfolio companies reported in its Strategic Holdings segment and for other general corporate purposes.

Kolkata Knight Riders (KKR) have announced Ajinkya Rahane as their captain and Venkatesh Iyer as vice-captain for the upcoming 2025 season of Indian Premier League (IPL).

Defending champions Kolkata Knight Riders (KKR) have named veteran India batter Ajinkya Rahane as their new skipper for 2025 season of the Indian Premier League (IPL). The three-time IPL winners have also appointed all-rounder Venkatesh Iyer as their vice-captain.