Investors

Plans for a €600m project near Ipswich in England have been recommended by a Government planning inspector following a public inquiry.

The captive infrastructure firm of the US bank has closed its latest fund, which has already made more than $1bn of investments. More than 100 employees of the bank invested.

The California pension has also reported commitments to Advent, Audax and Huntsman Gay.

Private equity limited partners overwhelmingly also have real estate allocations, according to a report produced by PEI Media and trade association ILPA.

The US pension committed to Walton Street Capital's sixth real estate fund and CVC’s fifth European fund, months after reorganising its allocation structure and boosting its alternatives target to 28 percent.

The financial services giant’s private equity real estate arm has launched a $10 billion fundraising to take advantage of “distress and dislocation” caused by the credit crisis. Pennsylvania Public School Employees' Retirement System has committed up to $400 million to the vehicle.

The country’s government pension fund will invest about $650m in global private equity and real estate in the coming months.

Former Los Angeles City Employees Retirement System general manager Robert Aguallo has moved to the private sector joining infrastructure investors Cardinal Americas.

The European association acting on behalf of investors in unlisted real estate funds is forging links in Asia with the ultimate aim of introducing a single way of thinking about transparency issues. By Robin Marriott

The vehicle, sponsored by New York-based Falcon Real Estate, will seek capital from Europe, Asia and Latin America, but is excluding US investors.