Altas Partners holds US $3.33B closing for fund III

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By Ted Liu

Altas Partners, a longe-term private equity investment firm, has held an initial closing for its third fund with US $3.33 billion in capital commitments. Altas Partners has yet to make any announcement on fundraising.

PJT Partners is acting as placement agent.

Altas Partners’ oversubscribed second fund, Altas Partners Holdings II, a 2018-vintage fund, held final closing in November 2019 at its hard cap with US $3 billion of limited partner capital commitments.

Founded by Andrew Sheiner 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 over US $10 billion on behalf of endowments, foundations, family offices, public pension funds and other institutional investors.

photo credit: Altas Partners