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The jointly developed product gives wealth investors access to ICG's private equity LP secondaries strategy spanning North America and Europe.
The unsolicited bid comes just three days after Blue Owl Credit Income Corp. disclosed 16.8% in Q3 redemption requests.
Existing investors in the German robotics startup, including Sequoia and Lightspeed, participated alongside new backers.
The partnership will also develop products for wealth investors, beginning with an evergreen private equity secondaries fund expected in the coming weeks.
The portfolio and single-fund sales included stakes in US-based credit funds with 2019-2022 vintages.
Montana Capital Partners was the sole buyer of a collection of 15 private equity fund interests across Europe and North America.
At least 80% of net proceeds from the transaction will be directed toward a share buyback program aimed at generating liquidity and NAV accretion.
The disposal to a consortium of other UK schemes was facilitated by online LP-led platform MeltX and received legal support from Willkie Farr & Gallagher and Hogan Lovells.
The LP-led deal was executed through the family office's investment arm M Eight, and represented nearly NIBC's entire private equity portfolio.