The GP stakes specialists sold their minority stakes to DigitalBridge as part of its $1.05 billion acquisition of the infrastructure investor.
Ghost Tree is a California-based private credit investment firm providing senior secured, collateral-focused financing for lower middle-market companies.
The deal aims to broaden Mubadala's investor base and strategies, with incoming shareholders expected to commit $5 billion across its investments.
The private debt specialist, which operates a dedicated secondaries strategy, has reportedly held talks with several international investors.
The deal would reportedly expand the firm's presence in Europe and boost its infrastructure exposure.
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.
The direct secondary transaction reportedly values the truck leasing company at around €4 billion.
The sale will be at a premium to NAV and marks the GP stakes specialist's tenth realization since 2024.
The firm is reportedly seeking to offload at least 40% of its holdings, in a deal that would value the Singapore-based company at $5 billion.
The minority stake, acquired from Brookfield's private equity business, values the Australian alts manager at $2.1 billion.
