Jefferies served as exclusive financial advisor for the transaction, with Kirkland & Ellis serving as Silver Oak's legal counsel. Akin Gump acted as legal counsel for BlackRock and Hollyport.
The 2021-formed New York-based GP focuses on growth and repositioning opportunities across healthcare services.
The potential vehicle follows Antin's July agreement to sell ~30% of the asset to GLIL Infrastructure from its €3.6 billion Fund III.
Peterson Fund X rolled its stake and made an additional investment in the mechanical, electrical, and plumbing services provider held within the continuation fund.
Quilvest Capital Partners also participated in the single-asset CV for a UK-based logistics solutions company.
Syndicate investors and existing Gainline LPs and GPs also backed the oversubscribed continuation fund for a commercial fitness equipment company.
PGIM, reinvesting LPs, and PennantPark also invested in the oversubscribed vehicle for a mature portfolio of private credit investments.
The oversubscribed vehicle provides liquidity to investors in Bridgepoint Direct Lending II, which holds a portfolio of senior secured European middle-market loans.
Principal Mineral is the latest Ensemble portfolio company to be involved in a single-asset CV, following similar transactions for CHAOS and Saronic earlier this year.
The SecLink Awards winner is committing $130 million across five existing Blackford portfolio companies.
