Paris-based infrastructure fund manager Meridiam has reached commercial close for a 30-year concession for the design, construction, financing and operation of 40 kilometers of the A334 freeway in Almeria, Spain.

Michigan’s Bureau of Investments, which manages nearly $48 billion for four Michigan pension plans, committed $170 million to infrastructure in fourth quarter 2011, according to a March 1 investment advisory committee report.

In the summer of 2011, Institutional Real Estate, Inc. (IREI), publishers of Institutional Investing in Infrastructure (I3),and its partners and consultants — B Capital Partners, Campbell-Lutyens and Kingsley Associates — surveyed 51 global investors and consultants active in infrastructure investment to understand their expectations and preferences for the market.

Toronto-based Caledon Capital Management was established in 2006 by David Rogers after he left his position as senior vice president and team leader of the Ontario Municipal Employees Retirement System (OMERS) private equity team, where he served from 2001 to 2006.