NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Atlantic‐Pacific Capital, the largest privately‐owned global placement agent and advisory firm, is pleased to announce the final closing of Waterton’s third fund, Waterton Parallel Fund (the “Fund”), with total capital commitments of US $725 million, well above the US $500 million target. As with Waterton’s second fund, which closed on over US $1 billion in capital commitments in April 2014, Atlantic‐Pacific Capital served as exclusive global placement agent.

The Fund will provide additional capital for the firm to continue its strategy of targeting production and late-stage development assets in the precious metals sector that are located in politically stable jurisdictions.

“We are delighted to have a renewed commitment by many of our existing investors as well as to welcome several new investors to the fund. Atlantic-Pacific again provided sound advice that was tailored to our needs for this capital raise,” said Isser Elishis, Managing Partner and Chief Investment Officer of Waterton Global.

Mark Bourgeois, President and CEO at Atlantic-Pacific Capital, said, "Waterton has established itself as the premier mining-focused groups in the market with a differentiated business model that LPs found compelling.” Brendan Edmonds, Partner at Atlantic-Pacific Capital, added, “Waterton’s fully integrated owner-operator model provides it with the ability to execute a disciplined, deep-value acquisition strategy, optimize assets post-investment, remain patient and exit at the most opportune times in the cycle.”

Alex Leykikh, Partner at Atlantic-Pacific Capital, added, “We are appreciative to have again partnered with Waterton’s talented and dynamic team of professionals.”

About Atlantic‐Pacific Capital, Inc. (www.apcap.com), Member FINRA and SIPC

Atlantic-Pacific Capital is the largest privately-owned global placement agent and advisory firm dedicated to raising capital for alternative investments. Since its founding in 1995, the firm has executed more than 90 capital raising assignments aggregating over $60 billion for an extraordinary group of alternative asset managers. Typical mandates include private equity, real estate, real assets, natural resources and infrastructure fund placements. Atlantic-Pacific provides global marketing distribution and project management execution using a focused and customized approach. With experienced professionals located in eight offices throughout the United States and in London and Hong Kong, Atlantic-Pacific maintains a global network of trusted relationships with influential institutional investors.

About Waterton Global Resource Management (www.watertonglobal.com)

Waterton is a leading mining-focused private equity firm dedicated to developing high-quality precious and base metals projects located in stable jurisdictions. Waterton’s cross-functional, fully-integrated, in-house team of professionals have significant mining, financial and legal expertise. Waterton’s proactive approach to asset management, significant sector knowledge and ability to leverage extensive industry relationships has resulted in a strong track record of managing investments in the metals sector.