CPE News (9/30/2021) – Altas Partners has filed for fundraising for its third fund, Altas Partners Holdings III. It has been reported that Altas Partners is aiming for US $5 billion hard cap for Fund III.
Altas Partners closed its second fund, Altas Partners Holdings II, at its hard cap with US $3 billion of capital commitments in 2019. Altas Partners’ inaugural fund closed at US $1 billion in 2016.
Fund III will be led by General Partners (GPs), Christopher McElhone, Paul Nicoletti, Andrew J. Sheiner, and Scott Werry.
Founded in 2012, Altas Partners is an investment firm with a long-term orientation focused on acquiring significant interests in high-quality, market-leading businesses in partnership with outstanding management teams. The firm manages approximately US $8 billion on behalf of endowments, foundations, family offices, public pension funds and other institutional investors.
photo credit: Altas