Atlas Holdings (Atlas) has held the first and final close of its third private equity investment fund, Atlas Capital Resources III LP (Fund III) with capital commitments of USD1.675 billion, after just three months of fundraising.
Atlas focuses on control investments in companies experiencing financial or operational stress, benefiting from Atlas’ ability to execute complex financial transactions, resolve enterprise challenges and systematically deliver exceptional operational and financial performance. Atlas has been an active acquirer of underperforming or discontinued operations from corporate sellers and has acquired businesses through bankruptcy purchases, out-of-court restructurings and reorganisations. Atlas will continue to pursue these strategies, with a particular focus on industrial sectors in which it has substantial operating experience.
“We are gratified to have reached our self-imposed hard cap due to tremendous demand for Fund III from our closest existing relationships as well as a number of new partners,” says Andrew Bursky, Atlas’ co-Founder and Managing Partner. “The firm’s proven investment strategy, team and historical track record attracted a diverse group of exceptionally high-quality investors in a short amount of time.”
Capstone Partners served as exclusive placement agent for Fund III and Proskauer Rose LLP provided legal counsel.
