Also, Sound Point Direct Lending closed on a separately managed account that is expected to grow to more than $500 million.
To date, the fund has invested about 45 percent of the capital raised.
The fundraising represents a 60 percent increase on Castik's previous fund that closed at €1.25 billion in October 2020.
The fund includes approximately $2.5 billion of outside commitments from existing and new investors while Bain Capital partners, employees, and affiliates provided the balance.
Five Point is focused on building sustainable infrastructure.
Capital Solutions Founders Fund launched in 2023.
The investor base includes leading pension fund investors.
The US public pension has revealed commitments to buyout funds.
The pension fund was informed of the commitment to Churchill Co-Investment Partners II at its August board meeting.
The US public pension has committed $25m to Peak Rock's fourth capital fund and $5m to a Transom co-investment.