Can use acetyl-CoA to synthesize acetate esters from various alcohols, producing ethyl acetate, isoamyl acetate, isobutyl acetate, butyl acetate, hexyl acetate, heptyl acetate and octyl acetate (PubMed:12957907, PubMed:12937998, PubMed:16845703, PubMed:17891501). ATF2 seems to play only a minor role in the acetate ester synthesis, compared to ATF1 (PubMed:12957907). Plays an active role in the detoxification hydroxysteroids and possibly certain phytochemicals, in association with the efflux pumps PDR5 and SNQ2 (PubMed:10103065). acetyl-CoA + an aliphatic alcohol = an acetyl ester + CoA Traffics to lipid droplets during the stationary phase (PubMed:25093817). Segments of the N- and C-terminal domains (residues 19-36 and 515-532, respectively) are predicted to be amphipathic helices and are essential for endoplasmic reticulum membrane association (PubMed:25093817). Results in an 18% decrease in isoamyl acetate formation and causes a 13% reduction of ethyl acetate formation (PubMed:12957907). Leads to the complete elimination of acetyl-CoA:pregnenolone acetyltransferase activity and consequently abolishes the esterification of pregnenolone and increases the toxicity of pregnenolone (PubMed:10103065). Present with 3000 molecules/cell in log phase SD medium. Belongs to the ATF1 alcohol acetyltransferase family.