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Already have an account? Log InNeuberger's second real estate secondaries fund closed last year with more than $1 billion in commitments, according to SecLink Data.
The employee and early investor auction valued the workplace trust company at over £100 million and marked the third transaction conducted under the PISCES framework.
The 15-asset vehicle, among the largest GP-led infrastructure deals to date, drew more than $7 billion of demand and included around $2.5 billion of new capital.
Ares Secondaries funds made the follow-on commitment three months after their initial minority equity investment in the data center operator.
Harrison Street's process sold 91% of shares offered, with 41% transacting at a 15% discount to NAV versus the 20% initially requested.
The $300 million secondary share sale was led by Wellington and T. Rowe Price and brought in new investors, including EQT, Goldman Sachs, and Sapphire Ventures.
The deal marks the Florida-based investment firm's second continuation vehicle, following its debut Fletchers Solicitors transaction in February.
The sale comes almost four years after Ufenau transferred the equine veterinary group into a €563 million multi-asset CV.
The deal will support the UK housebuilder's expansion toward 7,000 homes a year, with Apollo retaining control.
The majority stake was acquired from CanTex Capital in a secondary transaction, alongside a New York-based global investor.