In this joint interview, Maxime Vanneaux, Director of Partner Relations at Private Corner, and Michel André Volle, Head of Fund Distribution at Meridiam, discuss the positioning of this new solution, its investment rationale, and how it fits within private wealth allocations.
Why launch an Evergreen fund today?
This launch comes at a pivotal moment for private assets. Over the past five years, the wealth management market has undergone a profound transformation: solutions have become more digital, structures more accessible, and financial advisers are clearly expressing a need to build robust and long-term private market allocations.
At Private Corner, this shift led us to structure a response aligned with institutional standards, tailored to private portfolios through:
- the platformization of the offering;
- a core / satellite architecture;
- demanding analysis and selection standards;
- wealth management constraints fully embedded.
In this context, the evergreen infrastructure fund represents the missing building block to anchor private markets sustainably at the core of private allocations.
The role of the Evergreen fund in Private Corner’s development
The Evergreen format addresses several key challenges for private investors:
- Making capital allocation easier, both at entry and over time;
- Reducing the effects of the J-curve;
- Lowering the minimum investment ticket.
This launch also reflects meaningful fundraising momentum: over the past five years, Private Corner has raised nearly €100m across its infrastructure solutions.
Read also: Infrastructure funds: investing in Brownfield or Greenfield
Meridiam: a leading infrastructure player
An evergreen fund is not built lightly; it is the combination of Private Corner’s operational expertise and Meridiam’s consistent, disciplined investment approach that made this fund possible.
Meridiam is a French asset manager founded 20 years ago, managing €23bn in assets (December 2025) and investing exclusively in infrastructure since inception, across three core pillars:
- Mobility
- Social infrastructure
- Energy transition
Since 2019, Meridiam has been a mission-led company, guided by a structuring conviction: combining financial performance with a lasting positive impact on regions and communities.
A strategy designed for stability and visibility
The Meridiam Global Infrastructure Strategies fund’s strategy is to invest in existing and future Meridiam vehicles, combining multiple sources of value creation and portfolio construction.
The fund will combine investments in primary funds, secondaries, as well as co-investments.
The evergreen fund is launched with an initial portfolio of 22 assets / 22 companies, held for many years and made up of core, already-operational assets.
The investment thesis is clear: invest in essential infrastructure, predominantly structured through concessions or public-private partnerships, offering:
- visibility on future cash flows;
- contractual inflation indexation mechanisms;
- steady generation of dividends.
The Tours–Bordeaux high-speed rail line (LGV) illustrates this approach: a cornerstone asset, held by Meridiam since 2011 under a 50-year concession, combining regional usefulness with a robust contractual framework.
Who is this evergreen format for, and how can investors access it?
Private Corner’s ambition remains constant: enabling independent financial advisers to access an institutional-grade private markets ecosystem—coherent and disciplined—so they can build clear, durable unlisted allocations for their clients.
The fund is:
- Available from €100,000 for private wealth clients;
- Equipped with a liquidity mechanism starting in 2029;
- Open to subscriptions directly via Private Corner, and also through around fifteen Luxembourg life insurers.
As part of a continuous innovation and accessibility effort—and in response to distributor partner demand—an application for ELTIF (European Long-Term Investment Fund) authorization is currently being prepared, notably to reduce the entry threshold to €25,000.
