The vehicle keeps the assets with Meridiam while giving investors in earlier funds an exit, AltAssets reported.
Meridiam has closed a $4.5bn North American infrastructure vehicle that extends its ownership of 15 existing assets and gives liquidity to investors in its earlier funds, AltAssets reported.
The structure is a GP-led continuation: Meridiam keeps the 15 assets, and investors in the earlier funds receive an exit instead of waiting for asset-by-asset sales.
Reported by the GP-led deals desk from AltAssets. Published . Corrections
Churchill led the vehicle; no price was disclosed.
PE Hub reported the Netherlands-based technical installation group operates in five European countries; the report did not include a price.
Ibex's $87 million Israel-focused close was the week's only secondaries fund close with a disclosed figure, our records show.
VDK Groep is a Netherlands-based technical installation services group operating in the Netherlands, Germany, Austria, Switzerland and Sweden, according to PE Hub.
Whitsons provides dining services and prepared meals to schools, residential healthcare facilities and commercial customers.
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