What Meridia Capital does

Meridia Capital Partners SGEIC, S.A. (operating as Meridia Capital) is a Barcelona-headquartered, privately held alternative investment manager regulated by the Spanish CNMV as a closed-end fund manager (SGEIC). Founded in 2007, the firm operates four business lines: Real Estate (multiple fund vehicles Meridia III, IV, and V), the Meridia Glamping Programme (a sustainable open-air hospitality platform in partnership with wecamp, with 15 sites across Iberia), Advisory Accounts (local partner for global asset managers including Partners Group and Franklin Templeton), and Meridia Private Equity (growth investments in Spanish companies such as Volotea, Zummo, Fútbol Emotion, and Grupo Andilana).

The firm invests in value-add real estate across hospitality, logistics, residential/living, and office assets in Spain, executing a 'brown-to-green' repositioning playbook that has produced BREEAM, LEED, and WELL certifications on individual assets and 73% green-certification coverage at the AUM level. Underlying technology is operational rather than digital-product: smart-building design (the SMART project, marketed as the first smart building in Spain), ESG and decarbonisation tooling (2025 Decarbonisation Roadmap, net-zero office operations, first carbon footprint completed for MGP and Meridia V), and vertically integrated operating platforms (wecamp, Caterina, B&B HOTELS JV, Continuum Hospitality).

Revenue is generated through management fees on closed-end fund vehicles (Meridia III, IV, V, MGP, Meridia Private Equity I, with combined targets above €800M) plus advisory fees and performance fees/carried interest on realisations. The firm sells exclusively to institutional and international investors (80% of the LP base) through direct relationship management, with a sales-led enterprise motion and no retail or intermediary distribution. Headquarters are in Barcelona (Avinguda Diagonal 640), with a second office in Madrid.

Name

Meridia Capital

Legal name

MERIDIA CAPITAL PARTNERS SGEIC, S.A.

Website

https://meridiacapital.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Meridia Capital is a Barcelona-based, CNMV-regulated alternative investment manager running closed-end real estate (Meridia III–V), glamping (MGP/wecamp), advisory, and private equity funds focused on value-add, ESG-led investments in Spain and Iberia for institutional and international investors.

Ownership category

akta.pro rank

Product category

Alternative Asset Management (Real Estate & Private Equity)

NAICS

Open-End Investment Funds (525910), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599), Nonresidential Property Managers (531312), Real Estate Property Managers (53131)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799), Real Estate Agents & Managers (For Others) (6531), Investment Advice (6282)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industries

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE), Hospitality (Hotel) Property Management (BPAJAGAG), Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL)

Keywords

• Real estate investment
• Private equity management
• Alternative investment funds
• Value-add real estate
• Institutional asset management

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Fund Management Fees: Meridia generates revenue through management fees charged on assets under management across its closed-end funds (Meridia III, IV, V) and advisory accounts, plus performance fees/carried interest from successful fund exits.
2. Asset Value Creation: Returns generated through active asset management, repositioning, and value-add strategies across real estate sectors (hospitality, logistics, residential, glamping) and private equity portfolio companies.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Meridia Capital is a Spain-focused alternative investment manager that raises and manages closed-end private funds across real estate (Meridia III, IV, V), private equity (Meridia Private Equity I), and a dedicated glamping programme. The firm invests in value-add opportunities across hospitality, logistics, residential/living, and office sectors in Spain, actively transforming underutilized assets into ESG-compliant, sustainable real estate. It also provides investment advisory services to global institutions such as Partners Group AG and Franklin Templeton.

Product overview

Meridia Capital is a Spain-focused alternative investment manager operating four distinct business lines: Real Estate (investing through multiple fund vehicles Meridia III, IV, and V in hospitality, logistics, living, and office assets), Meridia Glamping Programme (sustainable open-air hospitality platform in partnership with wecamp operator), Advisory Accounts (providing investment advisory services to global asset managers), and Private Equity (growth investments in Spanish companies). The firm manages assets across Spain and Iberia, focusing on value-add strategies with active asset management, transformation (brown-to-green), and ESG integration across all investments.

Differentiator

Problem solved

Functional benefit

Brands

• Meridia Private Equity: Private equity arm focused on growth investments in Spanish companies with high growth potential, targeting lifestyle and well-being sectors.
• Meridia Glamping Programme
• Meridia Advisory Services

Products and services

• Meridia Real Estate Funds (Meridia III, IV, V)
• Meridia Glamping Programme (MGP)
• Meridia Advisory Accounts
• Meridia Private Equity (MPE I)
• wecamp (Operating Brand)

Quantifiable outcome

• Achieved 5-star UN PRI ratings across all modules
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

15 partnerships are on record, tiered major, minor and core.

• Continuum Hospitality GroupmajorChannel Partner/ Reseller/ Distributor · 1 January 2025Continuum Hospitality Group operates Hotel Madrid Centro Atocha and Hotel Ibis Budget Madrid Aeropuerto under hotel management agreements with Meridia V, adhering to highest ESG standards.
• DeloitteminorImplementation/ SI/ Consulting Partner · 1 January 2025Deloitte acted as advisor to Meridia in the Skypark Valdebebas acquisition in Madrid.
• JLLminorImplementation/ SI/ Consulting Partner · 1 January 2025JLL acted as advisor to Meridia in the sale of two office buildings in Sarrià, Barcelona (Project Uptown).
• Uría MenéndezminorImplementation/ SI/ Consulting Partner · 1 January 2025Uría Menéndez acted as advisor to Meridia in multiple transactions including Skypark Valdebebas and office divestments.
• Ernst & YoungminorImplementation/ SI/ Consulting Partner · 1 January 2025Ernst & Young acted as advisor to Meridia in the Madrid hotels acquisition.
• Almar ConsultingminorImplementation/ SI/ Consulting Partner · 1 January 2025Almar Consulting acted as advisor to Meridia in the Madrid hotels acquisition.
• GarriguesminorImplementation/ SI/ Consulting Partner · 1 January 2025Garrigues acted as advisor to Meridia in the hotel portfolio sale to Catalonia Hotels & Resorts.
• CuatrecasasminorImplementation/ SI/ Consulting Partner · 1 January 2025Cuatrecasas acted as advisor to Meridia in the hotel portfolio sale.
• CuatrecasasminorImplementation/ SI/ Consulting Partner · 1 January 2024Cuatrecasas acted as legal advisor to Meridia in the acquisition of 207,000 sqm logistics project in Valencia.
• ColliersminorImplementation/ SI/ Consulting Partner · 1 January 2024Colliers acted as advisor to Meridia in the Valencia logistics project acquisition.
• SavillsminorImplementation/ SI/ Consulting Partner · 1 January 2024Savills acted as advisor to Meridia in the Valencia logistics project acquisition.
• B&B HOTELScoreStrategic or Co-development Partner · 1 January 2023Meridia partnered with B&B HOTELS to develop a platform of budget hotels with high ESG standards in Spain. Planned investment of €200 million to acquire land and build 100-200 room hotels leased to B&B HOTELS on fixed contract basis. Hotels developed to LEED or BREEAM standards.
• Lexxa HotelsmajorImplementation/ SI/ Consulting Partner · 1 January 2023Lexxa Hotels assists in identifying opportunities, executing development work, securing financing, and managing exits for the B&B HOTELS budget hotel platform.
• CaterinacoreStrategic or Co-development Partner · 1 January 2023Meridia IV acquired majority stake in Caterina House Property Management, a residential operator specialized in corporate apartment rentals. Partnership aims to build scalable corporate living platform in Spain where Caterina handles operational management.
• wecampcoreStrategic or Co-development Partner · 1 January 2020Meridia launched sustainable open-air hospitality platform in 2020 in partnership with wecamp. Meridia owns the sites and a majority stake in wecamp. The partnership follows an aggregation strategy building a leading glamping platform in Iberia. 15 sites acquired across Spain and Portugal.

Scale indicators12 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Savills Investment Management: Global real estate investment manager running multi-strategy vehicles for institutional clients — direct comparable on the institutional multi-fund real estate platform side of Meridia's business.
• Activum SG Capital Advisors: Spanish/Iberian value-add real estate private equity sponsor targeting opportunistic and special situations across Iberia, sharing Meridia's strategy of transforming underutilized assets.
• Stoneweg: European value-add real estate investment manager with Iberian exposure, operating closed-end fund vehicles and pursuing alternative living/hospitality themes comparable to Meridia's verticals.
• Azora Alternatives: Spain-headquartered alternative asset manager investing across hospitality, residential, and student housing — a near-perfect direct peer across Meridia's real estate verticals and Iberian mandate.

Regional players

• Banca March / Corporación Financiera Alba (peers in Spanish PE): Spanish financial group with private equity and asset management arms operating domestically; comparable regional peer on the Spanish growth-equity thesis underpinning Meridia Private Equity.

Broad incumbents

• CBRE Investment Management: Large global real estate investment arm of CBRE Group managing diversified mandates for institutional LPs; competes for the same institutional Euro mandates as Meridia though at significantly greater scale.
• LaSalle Investment Management: Global real estate investment manager (JLL subsidiary) running diversified European value-add and core-plus strategies; a broad incumbent competing for institutional capital in Iberian markets.
• DWS Group (Real Estate): Global asset manager with substantial European real estate fund offerings; a broad incumbent operating pan-European value-add strategies that compete for the same institutional LP allocation pool as Meridia.
• EQT Real Estate: Global alternative investment manager with a dedicated European real estate fund platform targeting institutional capital for value-add themes across hospitality and living — overlapping institutional LP set.
• Patrizia AG: European-headquartered listed real estate investment manager running value-add and opportunistic strategies across Iberia and broader Europe; comparable mid-market competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/meridia-capital

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meridia Capital