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Alternative Market Briefing

Altas Partners raises $3bn for its second North America buyout fund

Tuesday, November 05, 2019

Laxman Pai, Opalesque Asia:

Canadian private equity investment firm Altas Partners has amassed $3 billion for its second North America buyout fund, Altas Partners Holdings II.

The vehicle was oversubscribed and closed at its hard cap, said the firm founded on the idea that some private-equity investments can benefit from having more time to ripen.

The new fund is triple the amount of the firm's $1 billion debut fund, Altas Partners Holdings I, which closed in 2016.

Investors in the fund include the $11.6 billion Louisiana State Employees' Retirement System, Baton Rouge; $14.6 bi......................

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