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Atlas Holdings raises USD900m for second private equity fund

Atlas Holdings has held the first and final close of its second private equity investment fund, Atlas Capital Resources II.

Atlas began fundraising in September with an initial target of USD650m and closed at its hard cap of USD900m.
 
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 businesses through bankruptcy purchases, out-of-court restructurings and reorganisations as well as underperforming or discontinued operations from corporate sellers. Atlas will continue to pursue these strategies, with a particular focus on industrial sectors in which Atlas has substantial operating experience.
 
“We are gratified by the tremendous demand for Fund II from our existing investors 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 II and Proskauer Rose provided legal counsel.

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