The single-asset vehicle extends B2B software investor Viking Growth's hold on a recruitment and HR software platform.
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.
The 15-asset vehicle, among the largest GP-led infrastructure deals to date, drew more than $7 billion of demand and included around $2.5 billion of new capital.
Existing investors in the German robotics startup, including Sequoia and Lightspeed, participated alongside new backers.
The continuation fund will reportedly have its largest exposure to TikTok's parent, ByteDance, alongside Ant Group.
The deal marks the Florida-based investment firm's second continuation vehicle, following its debut Fletchers Solicitors transaction in February.
The manager is also reportedly in advanced talks to acquire GIC and Silver Lake Partners' stakes in the breakdown recovery service provider, alongside other investors.
The transaction was supported by Pantheon as lead investor and Coller Capital as junior lead investor.
In January, Blue Earth held the first close of its dedicated impact secondaries strategy with over $100 million in capital commitments.
The Swedish firm is reportedly considering moving a portfolio of five to ten investments held in its first venture fund.
