Fund database › Infrastructure
Meridiam opens its core infrastructure platform — focused on public-service assets in Europe and North America — to wealthy retail investors for the first time, as a French special fund with ELTIF authorisation applied for, launched in 2026.
After a three-year initial lock, monthly subscriptions and quarterly redemptions are provided for; an ELTIF 2.0 authorisation has been announced for autumn 2026.
Subscription from EUR 25,000 in the new ELTIF share class (previously six figures) through independent financial advisers and Luxembourg life insurers; not registered for distribution in Germany.
A pure core player with PPP roots in a field of financial investors — public services rather than return maximisation: no other fund in the database offers this profile; the operating starting portfolio spares investors the blind-pool phase.
Figures at fund level · product data 19 Aug 2026 · sources: prospectus, PRIIPs-KID — full list under 08 documents.
No documented NAV series in the database.
What the prospectus permits: Investments in existing and future Meridiam products through primaries, secondaries and co-investments
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
1 holding; the largest are LGV Sud Europe Atlantique Tours–Bordeaux (concessionaire LISEA).
Focus according to fund documents: Infrastructure (not broken down) 100%
Focus according to fund documents: Global, not broken down 100%
Among the largest positions: 1 equity holding.
LISEA is the concessionaire of the 302 km LGV Sud Europe Atlantique high-speed line between Tours and Bordeaux, the only privately concessioned high-speed line in France.
Positions and shares according to the provider; weights of the holdings are not reported; short descriptions by semiliquid.info from public sources; holdings as at 23 Feb 2026, reserve as at 18 Feb 2026; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
Cost figures of the main class according to provider documents.
Cost figures of the main class according to provider documents.
Subscription continuous. The prospectus dealing rules are not yet fully captured; therefore no date calculation, only the rules per prospectus.
| Frequency | continuous |
|---|---|
| Minimum investment | 100,000 EUR |
Data as at 19 Aug 2026 · Documents: 08.
Redemption not documented. The prospectus dealing rules are not yet fully captured; the prospectus figures are shown.
No liquidity score — the redemption frequency cannot be determined from the prospectus.
The score needs a quantified redemption frequency, notice period and payout rule; as soon as the prospectus provides them, it is calculated.
| Lock-up | 36 months |
|---|
Data as at 19 Aug 2026 · Documents: 08.
1 class according to provider documents; per-class details (ISIN, currency, costs) are not yet captured.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Positions and reserve | 23 Feb 2026 | Portfolio (03) |
All figures are taken from provider documents (product data as at 16 Oct 2026, distribution data as at 5 Oct 2026) and have not been conclusively verified.
Same asset class, similar sub-strategy.
StepStone Group · Part II SICAV · quarterly
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Hamilton Lane · Part II SICAV · monthly
HanseMerkur Trust AG · ELTIF 2.0 · quarterly
Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.