The minority stake will include both secondary and primary capital.
The participants plan to expand the range of transferable private credit assets and improve verification as tokenized secondary markets develop.
Avendus Future Leaders Fund III, which is already 30% deployed, has invested ~$15 million in Parag Parikh Financial Advisory Services via secondary.
The deal is reportedly expected to provide liquidity to early backers, including Lok Capital and British International Investment.
The pre-IPO funding round, which included a mix of primary and secondary capital, reportedly valued the dairy producer at $1.1 billion.
The deal also drew investment from several family offices, including SRF Family Office.
The firm is reportedly seeking to offload at least 40% of its holdings, in a deal that would value the Singapore-based company at $5 billion.
The minority stake, acquired from Brookfield's private equity business, values the Australian alts manager at $2.1 billion.
The transaction, which saw participation from existing backer LeapFrog, provided early investors with an exit.
The reported deal would hold eight healthcare investments from the $1.9 trillion asset manager's portfolio.
