Sources said Red Fort Capital is to launch a real estate fund worth between US$500 million and US$750 million.
Archives
KKR keen on mezzanine deals in Australia
A KKR executive revealed that his firm was keen on investing in structured debt and mezzanine deals in Australia.
Northstar Group buys ERA Realty Network
Northstar Group announced it had bought ERA Realty Network for US$100 million. Northstar Group, an Indonesian private equity firm, revealed it had obtained ERA Realty Network for over US$100 million.
Microsoft cuts Surface pro tablet's price by US$100
Microsoft cut the Surface pro tablet's price by US$100 after the tech giant revealed that marketing the tablet cost more than the earnings it brought in.
The head of Minnesota Retirement Fund is set to retire
Howard Bicker, the head of Minnesota Retirement Fund, announced his retirement, leaving the agency in search of a replacement.
Latest News
Analysts said that US President Barack Obama's ruling could aid the sales of Apple and could be Samsung's setback.
Analysts said that Google's Moto X would not be enough to aid it in establishing a stronger presence in the growing smartphone market.
Quick Heal revealed its plans to go public next year. Quick Heal Technologies, a security software developer, announced it intends to launch an initial public share offering in India.
Facebook hired Gary Briggs from Google's Motorola Mobility as its first ever marketing chief. Facebook hired Gary Briggs, Motorola Mobility's former chief marketer, to be the social networking site's first ever chief marketing officer.
Fitness First executives stated they would be investing GBP77.5 million into the company's operations in a bid to enhance their presence worldwide.
Unitech stated that it is mulling deals from at least two international private equity firms for its 3.6 million square feet special economic zone property in Gurgaon.
Rural/Metro Corp. filed for Chapter 11 bankruptcy protection at the U.S. Bankruptcy Court in Wilmington, Delaware on Sunday.
A group of investors led by Alan Hughes stated that they are prepared to purchase 315 bank branches for GBP1 billion from the Royal Bank of Scotland.
HealthCare Global and DM Healthcare revealed that they have offered separate bids for the Actis owned Sterling Hospitals.
