The Swiss manager will acquire ownership in the pan-Nordic data center platform through its infrastructure secondaries strategy.
The deal will support the UK housebuilder's expansion toward 7,000 homes a year, with Apollo retaining control.
The potential vehicle follows Antin's July agreement to sell ~30% of the asset to GLIL Infrastructure from its €3.6 billion Fund III.
The transaction would reportedly value the Scottish luxury handbag maker at nearly £100 million and allow existing investor BGF to exit its holding.
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.
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 firm is reportedly exploring the sale at a valuation exceeding €8 billion after previous transactions brought Silver Lake, ADIA, and CapitalG onto the Italian software company's cap table.
The secondary share sale was part of a $170 million Series C funding round led by HarbourVest, which valued the company at $1.3 billion.
The direct secondary transaction reportedly values the truck leasing company at around €4 billion.
The deal will see the firm buy the interest from Talanx, who will continue to support the company's growth alongside Allianz.
