The Scooter's Coffee continuation vehicle offered existing investors an exit at a premium to the reference-date valuation.
GIC is reportedly a prospective investor in the continuation fund, which values the South Korean gas manufacturer at $3.18 billion, up 13.5% from 2023.
The strategy, anchored by a Korean institutional investor, has adopted an evergreen semi-liquid structure aimed at capturing emerging credit secondary opportunities throughout the cycle.
The UK accountancy group is reportedly valued at more than £1 billion, with Penta retaining management of the asset after abandoning an earlier sale.
The vehicle is set to acquire the firm's 20% stake in the asset, reportedly valued at around €170 million.
The deal would reportedly shift the vehicle's assets into a closed-end structure and trigger a delisting.
The CV would reportedly acquire ByteDance and Ant Group stakes at a roughly 30% discount to their combined $1.5 billion NAV.
M-One Capital's single-asset continuation fund is part of a comprehensive recapitalization of the US drive-through coffeehouse chain.
The single-asset continuation fund was reportedly backed by the California Public Employees' Retirement System, Partners Capital, and Caltech.
New details have emerged regarding the continuation fund for Azuria Water Solutions, which was co-led by HarbourVest Partners.
