We are one of the main fund management firms in Spain. Regulated by the CNMV, at Meridia Capital Partners we strive to apply unique investment strategies that bring value to our investors, to our portfolio companies and to wider society.
A leading alternative investment fund manager in Spain
We take pride in being one of the very few institutional fund managers in Spain with a proven track record in real estate investment across different cycles, products and geographies.
CURRENT ACTIVE VEHICLES
With the launch of Meridia Private Equity I in February 2016, we have made initial strides in the private equity sector. With this fund, we aim to leverage our track record and know-how while seizing the opportunity the Spanish market offers.
Since June 2016, Meridia Private Equity I is backed by the Spanish government’s Fund of Funds Fond-ICO Global.
CURRENT ACTIVE VEHICLE
“At Meridia Capital Partners time has seen us evolve, opening up new boundaries for us. Throughout the last 10 years we have been successful at identifying good investment opportunities while building a reputable, trustworthy, agile and driven platform that has enabled us to deliver above-average returns for our investors.”
Founding Partner & CEO
“The challenge involved in managing our real estate funds is one that we have embraced. Through these funds, and following Spain’s ongoing recovery, we are fully focused on the Spanish real estate market.”
Partner - Managing Director Real Estate
“On the back of Meridia Capital’s entrepreneurial roots, we strive to create sustained value by targeting high growth, entrepreneurial and profitable companies with ambitious management teams with whom to partner and work hand in hand throughout our business relationship.”
Partner - Managing Director Private Equity
“The launch of our real estate and private equity vehicles represents a major step for Meridia Capital as a leading alternative investments fund manager. We have established ourselves as major players, retaining our key focus on providing a hallmark service to our investors as well as continuing to grow without ever overlooking the attention to detail that sets us apart.”
Partner - Institutional Relations & Corporate Development
“Diligence is just one of the many traits that characterise our team. We manage our funds with meticulous control and we try to give the best of ourselves in every deal. We seek to leverage our track record and know-how in new areas where we can provide value.”
Partner - CFO & Fund Administration
- / Corporate / Real Estate
Juan Barba, speaker at IREI's 2017 Visions In...
- / Corporate / Press Releases / Private Equity
Meridia Private Equity I invests in Grupo And...
- / Corporate / Press Releases / Real Estate
Meridia Capital acquires a logistics and reta...
- / Corporate / Press Releases / Private Equity
Meridia Capital Private Equity and Quico Sosa...
- / Corporate / Private Equity
Cristina Badenes, speaker at PEI Women in Pri...
Meridia Capital has acquired a significant minority stake in Grupo Andilana, a leading premium casual dining restaurant chain and hotel operator in Spain.
Meridia Capital acquired a logistics and retail portfolio of four assets mainly in Madrid through Meridia II.
Meridia Capital acquired two office buildings in Viladecans (Barcelona) through Meridia III.
Meridia Capital acquired an office portfolio mainly in Barcelona through Meridia III.
Meridia Capital acquired a majority stake in Sosa Ingredients, a leading producer and distributor of technical food ingredients in Moià (Barcelona).
Meridia Capital acquired a multitenant logistics platform in Ribarroja de Turia, one of the best logistics areas in Valencia.
Meridia Capital acquired a portfolio of 9 assets (mainly offices) through Meridia III in the metropolitan areas of Madrid and Barcelona.
Nestlé's Spanish Headquarters
Meridia Capital acquired 5 office buildings in Barcelona. The buildings, former headquarters of Nestlé, have a joint built area of 48,719 sqm and 569 parking spaces.
Meridia Capital acquired 12 retail units located mainly in Madrid.
Meridia Capital acquired Miramadrid, a 7,148 sqm shopping centre located in Madrid.
Meridia Capital: a top investment management firm in Spain
Meridia Capital has continued to demonstrate its leading position as a top investment manager for over more than 10 years now. Its differentiating characteristics from other Spanish investment funds include:
1. A seasoned and dedicated team
Meridia Capital was founded by Javier Faus, who has close to 30 years of experience in investment management. He currently works together with highly experienced, multidisciplinary and detail-oriented professionals devoted to the fund manager’s investors. The team’s extensive network, together with its ability to close deals, secure financing and excel in asset management, provide Meridia Capital with a competitive advantage in the marketplace.
2. Proven track record across different cycles
Meridia Capital has a history of generating strong returns for its investors, partly thanks to a well-timed strategy incorporating the cycles of different asset types and regions.
In late 2001, despite the high uncertainty in the global market after the events of 9/11, we saw an opportunity to achieve significant long-term returns. Mr. Faus, together with other investors, acquired Hovisa, a Barcelona-based 110,000 sqm real estate portfolio that included Hotel Arts. The hotel was sold in 2006 for €417m, which was at the time the highest price ever paid for a single real estate asset in Spain.
In 2006, Meridia Capital decided to invest in upmarket hotels and hospitality properties globally, with a special focus on Europe and Latin America. At the time, the Spanish market seemed overvalued and a strategic decision was made to focus overseas. Meridia I was launched in 2007 and successfully liquidated in 2014, becoming a top performing investment vehicle in the real estate industry despite the economic turmoil globally.
In late 2013, Meridia Capital’s team decided to shift the investment focus towards Spain again and, in May 2014, launched the real estate vehicle Meridia II. Meridia Capital was attracted by the potential that Spain represented after the acute contractions the sector had experienced. Meridia Capital saw a real chance to re-enter the market and capture the value that the country had to offer. Meridia Capital aims to continue capturing the upside potential in the Spanish market, not only in real estate (led by Juan Barba) but also in private equity (led by David Torralba).
3. Agile decision-making, value creation and execution delivery
Meridia Capital takes pride in its ability to react quickly. Through its immersion in the market, detailed understanding of vendor and acquirer requirements, efficiency and professional relationships, Meridia Capital is able to move fast in the market.
4. An institutional investment manager
Meridia Capital’s international track record and its adoption of global management best practices have allowed the firm to evolve. Meridia Capital’s fundraising efforts (led by Javier Faus and Cristina Badenes) have been intensified over the past few years, whilst its investor focus has shifted from family offices and HNWIs to international institutional investors.
5. A socially responsible firm
Meridia Capital’s reputation among its different stakeholders is paramount to the team. Meridia Capital maintains the transparency, discipline and high standards on which it builds its name. It differentiates itself through its reputation, investor focus, proven track record and progressive institutionalisation. Building on the successful work already performed, Meridia Capital’s efforts to implement the best practices in fund administration, governance and compliance controls (led by Beto Cordoncillo) will continue.