The reported deal would hold eight healthcare investments from the $1.9 trillion asset manager's portfolio.
The CV would reportedly acquire ByteDance and Ant Group stakes at a roughly 30% discount to their combined $1.5 billion NAV.
The continuation fund will reportedly have its largest exposure to TikTok's parent, ByteDance, alongside Ant Group.
The oversubscribed vehicle for the mass transit operator was backed by Australian superannuation funds and international institutional investors.
The multi-strategy investment firm is reportedly considering a $350-400 million CV for four portfolio companies.
The oversubscribed vehicle for portfolio company Imaging Associates reportedly includes a simultaneous merger with an industry peer.
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 single-asset CV was executed alongside the sale of a 50% stake in the Peruvian power generation company to CPP Investments.
The oversubscribed vehicle rolled over a portfolio of investments made between 2015 and 2021.
