TPG GP Solutions II, which held a first close last year, had raised over $1.7 billion in capital commitments as of June.
"The Cox Capital Offer appears designed to transfer value from BCRED shareholders to Cox Capital and its investors," according to a Board recommendation viewed in EvergreenLink's Notice Board.
The deal takes liquidity generated for employees and investors to roughly $220 million in just over a year.
The deal, which includes future fund commitments, expands Temasek's exposure to Italy's mid-market.
The Industry Ventures alum joins less than a year after her former employer's acquisition by Goldman Sachs.
The Ethereum-based share class follows SEC relief that gives investors in the interval fund another liquidity channel.