"This investment reflects our conviction in the sector and the strength of our Secondaries platform in providing flexible capital solutions," said Jamie Sunday, Co-Head of RE Secondaries at Ares.
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.
Ares Secondaries funds made the follow-on commitment three months after their initial minority equity investment in the data center operator.
Harrison Street's process sold 91% of shares offered, with 41% transacting at a 15% discount to NAV versus the 20% initially requested.
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 deal will support the UK housebuilder's expansion toward 7,000 homes a year, with Apollo retaining control.
The direct secondary transaction, which values the real estate firm at $3 billion, will reportedly materialize in the coming weeks.
The majority stake was acquired from CanTex Capital in a secondary transaction, alongside a New York-based global investor.
Neuberger's second real estate secondaries fund closed last year with more than $1 billion in commitments, according to SecLink Data.
