The United Launch Alliance (ULA) Atlas V 541 launches the NROL-35 mission for the National Reconnaissance Office (NRO) at the Vandenberg Air Force Base in California December 12, 2014. REUTERS/Gene Blevins (UNITED STATES - Tags: POLITICS SCIENCE TECHNOLOGY SOCIETY TPX IMAGES OF THE DAY) - GM1EACD12Q001
Fund III allows company to spin out assets into special purpose vehicles
LPs must approve such deals
Investors can choose to sell their exposure to companies or roll into SPVs
Atlas Holdings, whose latest fund recently closed at $1.67 billion, negotiated an innovative provision letting it hold investments beyond the traditional 10-year life of a private equity fund. The firm joins a number of fund managers looking for ways to hold ...