Meridiam has closed its Meridiam Infrastructure Europe Core Fund at €2.2 billion, marking a major milestone for the global infrastructure investor as it strengthens its long-term ownership strategy across Europe and launches its first retail-dedicated investment vehicle.
The newly closed fund is designed to support the long-term ownership and active management of a portfolio of landmark European infrastructure assets. The vehicle brings together 22 high-quality assets previously held by Meridiam’s flagship funds across 10 European countries, including Germany, Italy, Spain, Finland, a strong presence in France, and select countries of operation of the EBRD.
The portfolio spans Sustainable Mobility, Critical Public Services, and Innovative Low-Carbon Solutions. Backed by long-dated concession agreements and established operational track records, the assets are positioned to deliver long-term visibility, resilient performance, and stable returns. The structure reinforces Meridiam’s strategy of stewarding essential infrastructure assets over extended time horizons that can reach up to 50 years.
The Europe Core Fund is aligned with Meridiam’s long-standing practice of offering periodic liquidity windows to investors participating in 25-year fund structures. The new vehicle provides existing limited partners with the option of liquidity under attractive conditions or the opportunity to roll their investments into the new structure and continue participating in long-term value creation. Nearly 70% of commitments came from new limited partners, while the remaining capital was provided by existing investors who elected to roll over their stakes and extend their commitment for an additional 20 years.
Alongside the institutional closing, Meridiam and Private Corner have launched Meridiam Global Infrastructure Strategies, the firm’s first fully retail-dedicated evergreen fund of funds. Acting as financial delegate, Meridiam is structuring the strategy to provide individual investors with access to a diversified, operational, yield-generating infrastructure portfolio.
The retail strategy is seeded with cornerstone assets from the Meridiam Infrastructure Europe Core Fund, enabling private investors to invest alongside global institutional investors in assets that have traditionally been accessible only to large professional allocators. By anchoring the vehicle in a mature, high-quality institutional portfolio, the firm aims to provide immediate exposure to deployed infrastructure assets while delivering the diversification and long-term stability associated with the asset class.
KEY QUOTES
There were no direct executive quotes included in the original announcement.
