New Mountain Capital
New Mountain Capital (“New Mountain”) is an alternative investment manager with private equity, credit, public equity and net lease strategies. New Mountain’s aggregate assets under management total more than $28 billion across all investment strategies.[1] Since inception, New Mountain has raised over $17 billion of committed capital across five private equity funds and is currently raising its sixth fund. New Mountain was founded in 1999 by Steven B. Klinsky and today has over 150 employees, 100 of which are investment professionals.
Private | |
Industry | Private Equity, Credit, Hedge Fund, Net Lease Real Estate |
Founded | 1999 |
Founder | Steven B. Klinsky |
Headquarters | New York, NY |
Products | Leveraged buyout BDC, Hedge Fund, Net Lease |
Total assets | $28+ billion |
Number of employees | 150+ |
Website | www.newmountaincapital.com |
New Mountain’s efforts emphasize intensive fundamental research and a focus on growth and investor “value added,” rather than reliance on excessive risk, as the best path to high and consistent long-term returns. New Mountain has proactively developed particular research and operational expertise in carefully selected “defensive growth” niches of healthcare, software, business services, information and data, logistics, specialty chemicals, federal services, financial services, and environmental services. New Mountain Capital works systematically to establish expertise in additional sectors over time.
References
- As of July 8, 2020.
- New Mountain Capital, 2019.
- Realized and unrealized. Total gains is calculated based on change in enterprise value and is adjusted for acquisitions where additional fund equity was used and other transformative transactions; as of 12/31/2019.
- Fifth Partner Is Added By Forstmann Little. New York Times, January 29, 1987.
External links