The direct infrastructure secondary increases Transurban's ownership across three major Sydney transport networks.
The continuation fund will reportedly have its largest exposure to TikTok's parent, ByteDance, alongside Ant Group.
The transaction will reportedly value the India-based D2C lifestyle brand at up to $521 million, more than 3x its last reported mark.
The shares are reportedly being purchased from True North Capital and TPG's own NewQuest secondaries platform, in a deal valuing the Indian hospital chain at $1.3 billion.
The Mumbai-based PE firm reportedly acquired a 2–3% stake from early investors, employees, and some founder-owned entities in the ad tech company.
PJT has reportedly been selected to advise on trimming the sovereign wealth fund's portfolio.
