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Already have an account? Log InThe GP stakes deal builds on a 2024 strategic partnership, which established Lazard Elaia Capital as a technology-focused private equity investment platform.
Under the non-binding agreement, O3 may increase its ownership in the social impact investor if certain fund launch and fundraising milestones are met.
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.
Salica Investments also participated in the secondary share sale, which valued the UK-based wealth management platform at $1.1 billion.
The digital bank has reportedly kicked off its employee liquidity event, pricing shares at $2,017 each.
The transaction delivered returns of up to 34x for certain shares while allowing SFC to retain 70% of its position in the premium wellness consumer brand.
The commitment comes just eight months after Wafra first invested in the French manager.
The direct secondary deals cover stakes in more than 14 businesses held by bp Ventures and Trifork Labs.
Based in Ireland, Hatch Blue is a GP specializing in aquaculture and the seafood value chain.