The sale will be at a premium to NAV and marks the GP stakes specialist's tenth realization since 2024.
The LP interests were reportedly priced at a discount of more than 10% and included software and other tech-focused buyout funds.
The facility for a GP stakes fund provides incremental capital to support the borrower's acquisition strategy.
The secondary market specialist will remain independently managed by its existing leadership team, with no changes to its investment strategy.
The deal marks Reality Growth's second investment since launching earlier this year as a dedicated GP stakes platform.
The GP stakes specialists sold their minority stakes to DigitalBridge as part of its $1.05 billion acquisition of the infrastructure investor.
The direct secondary transaction, which values the real estate firm at $3 billion, will reportedly materialize in the coming weeks.
The minority stake, acquired from Brookfield's private equity business, values the Australian alts manager at $2.1 billion.
Founded in 2008, Prime is a private commercial real estate credit platform with over $15 billion in AUM.
Investors were offered a modest discount on their stakes in the Annington structure ahead of a forthcoming secondary deal.
