Speak to investors, and they’ll likely tell you the market this year will be all about secondary transactions. Plenty of companies need to sell things fast to reduce their debts, and that should lead to bargains for investors with money. Judging by Meridiam Infrastructure, it could also create some big new infra companies more or less overnight.
The quiet invasion
Meridiam, a European infrastructure fund, has been quietly buying up projects in North America. Cezary Podkul explores why it could suddenly explode into view as a big player
