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Endowment & foundation capital
Perpetual capital with spending obligations — allocated to fund the mission today without eroding it for tomorrow.
Consistency is the point. Every Meridian mandate moves through the same four stages — so a partner always knows where their capital stands and why.
A benchmark is somebody else's problem. An institution's real obligation — the pension paid, the scholarship funded, the building maintained — is the only measure that matters. Meridian's method begins and ends there.
What follows is not proprietary alchemy. It is a disciplined sequence, documented and repeatable, that we are happy to walk any partner through in full before a single decision is made.
Before any allocation, we map the partner's true liabilities — their size, timing and sensitivity to inflation. This liability profile becomes the fixed reference point every later decision is measured against.
We build a diversified allocation sized to those liabilities — balancing growth, income and protection. Positions are chosen for durability across regimes, not for their recent performance.
Mandates are rebalanced on rule, not reaction. We hold conviction through volatility and trim it when valuations demand — keeping the allocation true to the obligation as markets move.
Every quarter, the partner receives a complete and plain account — positions, fees, assumptions and results against their liability, not a flattering index. The difficult quarter is reported as clearly as the good one.
Perpetual capital with spending obligations — allocated to fund the mission today without eroding it for tomorrow.
Liability-driven allocation for defined-benefit obligations, focused on funding certainty across the scheme's full horizon.
Multi-generational capital stewarded with the same institutional discipline — and the discretion a private office expects.
Our FAQ answers the questions partners most often raise — fees, minimums, reporting and how an engagement begins.