“Independence is key to the trust placed by investors and public partners in Meridiam”.
Meridiam’s independence is guaranteed in relation to:
Industrial groups: Meridiam is involved in projects from the design stage onwards, and selects leading industrial partners with the specialist skills required.
Banks: Meridiam only invests equity and does not offer debt products or use any leverage at the fund level.
The market: Meridiam is not involved in any speculative activity and is not seeking a listing on a stock market.
Meridiam‘s corporate governance guarantees total independence of the investment decision-making process. Its investment committee has responsibility for investment decisions and the fund’s operations. This committee consists of two Meridiam representatives, three qualified independent members, and a shareholder representative.
In 2006, Aecom Technology, a leading global design and construction firm, and the Crédit Agricole group (via Predica and Crédit Agricole Private Equity), initiated the financing of Meridiam’s first fund through a €190 million investment. They were subsequently joined by other institutional investors.
Meridiam currently manages €2.4 billion ($3.2 billion) (AUM).
Meridiam’s investors also include the European Investment Bank (EIB), CNP, the Crédit Mutuel group, as well as a number of public and private pension funds in Europe
An investment capacity per project of €150 million, or more with co-investment from third parties.
Investment via equity, subordinated debt or mezzanine financing.
Participations of between 20% and 100% in project companies.