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Already have an account? Log InThe GP stakes specialists sold their minority stakes to DigitalBridge as part of its $1.05 billion acquisition of the infrastructure investor.
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.
The transaction expands BlueFive's Sharia-compliant asset management presence into Southeast Asia.
The deal would reportedly expand the firm's presence in Europe and boost its infrastructure exposure.
The oversubscribed vehicle for Ireland-based H&MV Engineering values the power infrastructure specialist at €1.4 billion, marking a 12x increase since Exponent's initial 2022 investment.
The direct secondary transaction reportedly values the truck leasing company at around €4 billion.
The sale will be at a premium to NAV and marks the GP stakes specialist's tenth realization since 2024.
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.