The transaction consisted of a $775 million primary capital raise and a $225 million secondary purchase from existing investors.
The firm will reportedly pay about $350 million for a 40% interest, implying an equity valuation of roughly $875 million for the Israeli camouflage technology manufacturer.
GCM Grosvenor, Ardian, StepStone, North Hudson Resource Partners, and Phoenix Insurance anchored the single-asset vehicle for energy infrastructure company Next Wave.
The direct infrastructure secondary increases Transurban's ownership across three major Sydney transport networks.
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 direct secondaries deal gives the French manager full ownership of the 460 MW Horse Creek and Electra wind farms in Texas, which it has backed since 2018.
The deal will see third-party holders sell $306.2 million of GP and LP interests in oil and gas royalties to the second-largest coal producer in the eastern US.
Sustainability-focused asset manager Power Sustainable will retain majority ownership and continue to oversee its operations.
The deal also drew investment from several family offices, including SRF Family Office.
The deal will see the firm buy the interest from Talanx, who will continue to support the company's growth alongside Allianz.
