Chelsea Stevenson
Atlas Capital Resources Fund II launched in September with a $650m target.
The lower mid-market firm’s Fund II closed on its $320m hard-cap last week.
The firm’s investment in Power Products marks its seventh carve-out transaction.
The pension fund’s CIO Anthony Clark will retire on 31 December.
The firm has promoted head of healthcare Robbert Vorhoff to managing director.
The deal marks the second private equity buyout of a denim brand this month.
The firm closed its fifth flagship fund and a Europe-focused fund earlier this year.
Fund V topped its $2bn target and is Trilantic’s first standalone fund since spinning out of Lehman Brothers.
Former Old City Investment Partners executive Hemali Dassani has joined Castle Harlan.
The firm has hired Shawn Abrams for its specialty industrials group in New York.