“Carlos” helmer Olivier Assayas is set to shoot his first film in the U.S. — “Hubris,” an action-packed crime thriller set against the backdrop of organized crime in Chicago in the 1970s.

Former MK2 exec Charles Gillibert (“On the Road”), who recently launched Paris-based CG Cinema, is partnering with Hollywood indie players Scott Stuber of Bluegrass Films, Alexandra Milchan’s Emjag Prods. and Scott Lambert’s Film 360 to produce “Hubris.”

Frederique Dumas at Orange Studios is co-financing and co-developing the pic.

Inspired by an article by journo Hillel Levin, “Hubris” turns on a gang of thieves led by notorious mastermind John Mendell who rob a pawn shop only to discover it is a front for Chicago’s most brutal crime boss, Tony Accardo.

Assayas is writing the script.

Olivier Assayas is one of the most dynamic filmmakers on the global film scene. His previous films including the groundbreaking miniseries ‘Carlos’ have been masterpieces,” said the producers in a joint statement.

Production is expected to kick off in the second quarter of 2014. Cast has yet to be announced.

Assayas’ next film “Sils Maria,” sold at Cannes by MK2, will lense this summer.

Assayas is repped by CAA and Intertalent in Paris.

Bluegrass’ credits include Seth MacFarlane’s “Ted” and Daniel Espinosa’s “Safe House” with Denzel Washington and Ryan Reynolds.

Film 360’s projects include Meryl Streep starrer “Hope Springs” and “Good People,” starring James Franco and Kate Hudson.

Milchan’s slate includes Robert Luketic’s “Paranoia,” James Marsh’s “Hold on To Me,” starring Carey Mulligan and Robert Pattinson and Martin Scorsese’s “The Wolf of Wall Street.”