The investment is part of a broader strategic partnership to establish a cross-border Shariah-compliant asset management platform focused on the GCC and Southeast Asia.
The multi-strategy investment firm is reportedly considering a $350-400 million CV for four portfolio companies.
Existing investors Verlinvest and the Mirchandani family have also increased their stakes in the India-based yogurt brand.
The deal marks Reality Growth's second investment since launching earlier this year as a dedicated GP stakes platform.
Japan's largest trust bank also intends to explore a country-focused GP stakes strategy through its partnership with HPC.
The National Pension Service of Korea and Townsend Holdings have also increased their ownership in the Australian alternative asset manager.
The two managers have also entered a long-term strategic partnership under which Stable will manage and monitor the portfolio on behalf of the Australian firm.
The minority stake, acquired from Brookfield's private equity business, values the Australian alts manager at $2.1 billion.
Founded in 2002, CRC is a private credit manager that invests in bank capital strategies, mainly SRT transactions, that deliver non-dilutive capital solutions to European banks.
The South Korean multi-asset investment firm is focused on private equity and real estate investments.
