Meridiam has raised $4.5bn for a multi-asset continuation vehicle, the North America Core Fund, which is the second such vehicle the Paris-based firm has closed this year. The fundraising was reported by Infrastructure Investor, written by Kalliope Gourntis.
The fund focuses on North America and targets value-add opportunities in sectors including airports, roads, and transport. This marks a significant capital raise for the firm, reflecting continued investor appetite for infrastructure assets.
The article also notes related fundraising activity in the sector, including Sumitomo Mitsui Trust Bank hitting ¥123bn final close for its second Japanese infra fund, and Hamilton Lane leading Foresight’s A$660m transport CV.
Source: Infrastructure Investor · Summarized by HeadlinesBriefing