The deal was executed through the firm's latest Opportunities Secondary Program alongside select co-investors.
The strategy, anchored by a Korean institutional investor, has adopted an evergreen semi-liquid structure aimed at capturing emerging credit secondary opportunities throughout the cycle.
The European growth buyout investment manager closed a €635 million multi-asset CV earlier this year.
The private debt specialist, which operates a dedicated secondaries strategy, has reportedly held talks with several international investors.
The UK accountancy group is reportedly valued at more than £1 billion, with Penta retaining management of the asset after abandoning an earlier sale.
A non-binding term sheet also gives O3 the option to increase its ownership in the Hungarian fund manager if AUM grows significantly.
The single-asset vehicle for Dutch technical services provider VDK saw investors representing more than 40% of EMK Fund I's capital elect to roll over.
The vehicle is set to acquire the firm's 20% stake in the asset, reportedly valued at around €170 million.
The single-asset vehicle extends the firm's ownership of a German adult-education platform which it first backed in 2020.
MCP Opportunity Secondary Program VI targets GP-led and LP-led transactions in the North American and Western European mid-market.
