Meridiam Infrastructure Europe III SLP

Meridiam Infrastructure Europe III SLP is a closed-end vehicle managed by Meridiam and domiciled in France, launched in 2016 and denominated in EUR. It is structured as a société de libre partenariat operating under the FPS regime and qualifies as an ELTIF under ELTIF 1.0, the earlier framework version that restricts marketing to professional investors and does not incorporate the later retail-access provisions. Distribution is domestic, and the fund is classified Article 8 under SFDR.

The mechanics follow a drawdown model rather than a dealing-based one: capital is committed at closing and called over the investment period, with no subscription or redemption windows and no standing liquidity for holders, so exposure is realised through asset disposals and distributions across the life of the vehicle. The opportunistic approach within infrastructure implies greenfield and development-stage positions alongside operating assets, which lengthens the period before cash yield relative to core mandates. Reported assets stand at , and the path of reflects the combination of called capital and realisations typical of a vehicle at this stage of its term, while describes how the portfolio is distributed across its target markets.

For positioning, the fund sits among 73 infrastructure vehicles and 80 France-domiciled vehicles tracked in a universe of 494, and is one of 12 funds combining both characteristics, a narrow group against which its scale and geographic mix can be compared. Figures shown are as of 31 Aug 2026.