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Fundraising - APRIL 28, 2016

Meridiam holds final close of €1.3b for third European infrastructure fund

by Zoë Wolff

Meridiam Infrastructure Managers has held a final close of €1.3 billion ($1.5 billion) for Meridiam Infrastructure Europe III, according to a statement. The fund closed in just four months and saw demand of €2.2 billion ($2.5 billion).

The fund will have a similar focus to that of its predecessor, Meridiam Infrastructure Europe II, which held a final close of $1.23 billion in March 2012, according to a statement. The fund invested in infrastructure projects across Europe.

Investors in the fund include the Maine Public Employees’ Retirement System, which committed $110 million to the fund in March.

 

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