Industrial

ArcLight Capital Partners has committed $1 billion of equity from its funds to launch Anchor Point Transmission, an independent company seeking to develop, finance, own and operate high-voltage power infrastructure across the United States. Anchor Point plans to partner with utilities on transmission projects needed to accommodate rising electricity demand from data centers, domestic manufacturing

The Los Angeles Water and Power Employees’ Retirement Plan approved $175 million in commitments to two Kayne Anderson real estate funds, expanding its U.S. property exposure despite holding slightly more than its target allocation. The $26 billion pension system’s board of trustees approved a $100 million commitment to the Kayne Anderson Real Estate Core Fund

Cove Capital Investments has fully subscribed its Cove Saddle Creek Kansas 109 DST, raising nearly $13 million as the alternative investment manager continues to expand its lineup of debt-free Delaware statutory trust offerings. The Regulation D, Rule 506(c) offering raised $12.95 million from accredited investors. The DST owns Saddle Creek Crossing, a multi-tenant retail center