Marking Crestview's first continuation fund, the transaction also received backing from Hamilton Lane, alongside capital from the Crestview team and other investors.
The firm has reportedly engaged with prospective buyers to facilitate liquidity for investors in a US-based open-ended fund managed by Blackstone Property Partners.
Evercore and Morgan Stanley acted as financial advisers to Amulet on the transaction, while Kirkland & Ellis served as legal adviser. Debevoise & Plimpton advised StepStone.
Peterson Fund X rolled its stake and made an additional investment in the mechanical, electrical, and plumbing services provider held within the continuation fund.