Cezary Podkul

Goldman Sachs, Carlyle Group, Highstar Capital and Riverstone Holdings took the pipeline and storage terminal operator private in a $22bn deal.

The firm expects to raise another $275m for the fund by the end of the year and has also picked up a $1.1bn separate account for Korea’s National Pension Service, firm executives said during a conference call.

The energy investor is seeking $2.5bn in total commitments for the fund, which has attracted commitments from the Minnesota State Board of Investment and the New Mexico Public Employees' Retirement System.

The pension disclosed that it has screened 77 investment proposals in 2010 for infrastructure, the most of any year since creating its inflation-linked investment programme in 2007.

The private equity firm and South Korea's $270bn National Pension Service have acquired the 23.44% stake in Colonial Pipeline being sold by energy giant Chevron.

The placement agent has added Michaela Sved, former head of IR for Macquarie Infrastructure Partners, to a growing infrastructure team.

The firm has purchased several oil and gas-related assets from the Marathon Petroleum Company. The $900m deal also includes SuperMoms bakery.

The firm plans to raise $150m from local investors, according to chief executive Scott Swensen.

The Latin America-focused firm, currently raising Fund III with a $500m target, has now exited all investments from its second energy fund.

In a recent meeting, a San Diego pension offered a rare glimpse at internal rates of return and performances of two heavy-hitting infrastructure investors - Global Infrastructure Partners and Macquarie Infrastructure Partners.