The transaction follows last year's restructuring of the French optical and hearing-care retailer, which reduced Lion Capital's ownership stake.
The single-asset vehicle extends B2B software investor Viking Growth's hold on a recruitment and HR software platform.
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.
Potential backers reportedly sought a lower valuation for the loans held in the continuation fund.
The single-asset deal centers on a health and social care software provider first backed by Activa in 2019.
Aberdeen and Rock Rail's continuation fund, which was co-led by Partners Group and StepStone, achieved an £800 million first close in July.
The oversubscribed single-asset fund extends the firm's hold on a European modular buildings provider it initially backed in 2021.
The multi-asset vehicle will support the next phase of growth for European companies Safety21 and Onlineprinters, while funding future acquisitions.
The reported GP-led secondary sale would rank among the largest private credit secondary deals to date.
The CV, which SecondaryLink was first to report on last month, extends the firm's hold on UK's largest online pharmacy.
