Graham Winfrey

The New York-based infrastructure private equity firm has agreed to invest in Caiman Energy from its fourth fund, which is targeting $3.5bn.

The energy investor has teamed up with sovereign wealth funds China Investment Corporation and Government of Singapore Investment Corporation to invest in Enogex, an ArcLight joint venture with OGE Energy Corporation.

The Dallas-based mid-market firm has made its first investment from the fund, teaming up with Costar Midstream to acquire natural gas processing assets in Texas and Oklahoma. Limited partners in the fund include the Virginia Retirement System, which recently committed $75m to the fund.

EIG Global Energy Partners, formerly the energy and infrastructure group of TCW, is expecting to hold a final close on its fifteenth fund by the end of March.

The California Public Employees’ Retirement System has approved a number of measures recommended by a special review on the use of placement agents.

The firm is participating in a $3.3bn public offering for a 10% stake in the Russian state-owned bank, which backed St. Petersburg's €1.2bn Pulkovo Airport modernisation. Pulkovo was the first Russian PPP to reach financial close without government debt guarantees.

Jefferies managing directors Magnus Christensson and Mark Hallock will launch an independent placement firm, possibly under the name Helix, the name of the placement group Jefferies acquired in 2005.

The Houston, Texas-based energy infrastructure investor has made one investment to date, acquiring an interest in California’s La Paloma Generating Plant. Rockland was targeting $350m for the fund but launching fundraising in mid-2008 made for a 'tough road'.

Blackstone CEO Stephen Schwarzman stated his firm will be active in the country at an event honoring Indian Prime Minister Manmohan Singh as well as Schwarzman. In August, Blackstone invested $300m in an Indian power developer.

The fund exceeded its initial $3.5bn target, and will invest primarily in North American infrastructure assets. The close makes Energy Capital at least the third fund manager to close a fund above target this year, after Alinda Capital Partners and Cube Infrastructure.