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The French firm achieved a 100% re-up rate amid growing investor appetite, particularly from North America and Asia.
James Gordon has joined the group as an investment director, following a raft of senior staff departures earlier this year.
The firm has lured Macquarie Capital’s midstream MD Ed Winter, while appointing Guillaume Vandewalle to the debt team.
One investor said the original rate was ‘just not a standard hurdle’, as we take a closer look at the $5bn first close, one of the industry’s largest first closes for a debut fund.
The investment was made on behalf of an Australian LP and a new European client.
The French banking group is attracted by the ‘very active’ US market, saying the potential move is not directly linked to President Trump’s focus on infrastructure.
The Swiss firm continues to ramp up its infrastructure operations in the country, adding transportation and midstream expertise to its Denver office.
The mid-market fund manager has already committed around $200m from its sophomore vehicle.
The new vehicle’s portfolio includes 12 solar projects acquired from the $80m greenfield renewables fund the Japanese asset manager liquidated earlier this year.
The US manager - which has just clinched a US transportation deal - may increase the vehicle’s limit to $7.2bn, as it eyes a final close this quarter.