Coordinated by KOFIA, the initiative aims to support venture exits and recycle capital through direct investments and a joint fund.
The multi-strategy investment firm is reportedly considering a $350-400 million CV for four portfolio companies.
The Hong Kong billionaire's portfolio reportedly includes interests in funds managed by HSG and Vista Equity Partners.
Existing investors Verlinvest and the Mirchandani family have also increased their stakes in the India-based yogurt brand.
The alternative asset manager, which has begun the process of listing in India, is reportedly targeting $131 million for the strategy.
The JPMorgan Private Markets Fund targets small and mid-market opportunities through secondary and co-investment transactions.