The transaction consisted of a $775 million primary capital raise and a $225 million secondary purchase from existing investors.
The AI-powered coding platform raised $400 million in March at a $9 billion valuation, nearly three times its level six months earlier.
The oversubscribed vehicle holds 134,000 net royalty acres in the Permian Basin, generating approximately 37,000 barrels of oil equivalent per day.
The secondary share sale reportedly values the defense tech company at $90 billion.
The firm will reportedly pay about $350 million for a 40% interest, implying an equity valuation of roughly $875 million for the Israeli camouflage technology manufacturer.
The direct secondaries deal gives the French manager full ownership of the 460 MW Horse Creek and Electra wind farms in Texas, which it has backed since 2018.
The deal will see third-party holders sell $306.2 million of GP and LP interests in oil and gas royalties to the second-largest coal producer in the eastern US.
Sustainability-focused asset manager Power Sustainable will retain majority ownership and continue to oversee its operations.
The deal also drew investment from several family offices, including SRF Family Office.
The deal will see the firm buy the interest from Talanx, who will continue to support the company's growth alongside Allianz.
