New Mountain Capital
 |
|
| Private | |
| Industry | Private Equity, Hedge Fund, BDC |
| Founded | 1999 |
| Founder | Steven B. Klinsky |
| Headquarters |
AXA Center New York, New York, United States |
|
Key people
|
Steven Klinsky (CEO) |
| Products | Leveraged buyout, growth capital, recapitalization, Equity long/short and long only, BDC |
| Total assets | $20+ billion |
|
Number of employees
|
100+ |
| Website | www.newmountaincapital.com |
New Mountain Capital is an alternative investment manager with private equity, public equity and private credit strategies. New Mountain Capital's public equity arm, Vantage, takes non-control positions in publicly traded companies. An affiliate of New Mountain is the investment advisor for New Mountain Finance Corporation, a publicly traded business development company (: NMFC).
New Mountain Capital's aggregate assets under management total more than $20.0 billion* across private equity, public equity and credit. Since inception, New Mountain has raised over $17.0 billion of committed capital across five private equity funds. The firm is currently investing capital committed to its fifth fund, New Mountain Partners V.
The firm, which is based in New York City, was founded in 1999 by Steven B. Klinsky. Prior to founding New Mountain, Klinsky was a general partner of private equity firm Forstmann Little and Co., which he joined in 1984. Prior to that, Klinsky was a co-founder of the leveraged buyout group at Goldman Sachs (1981-1984), where he helped execute over $3 billion of transactions.
New Mountain each year releases its “Social Dashboard” Report. In the latest release, New Mountain reported that it had added or created over 26,700 jobs at New Mountain portfolio companies. Additionally, New Mountain portfolio companies spent approximately $3.5 billion in aggregate on research and development, software spending and capital expenditures. On average, New Mountain's portfolio companies pay above the median U.S. income.
∗ Includes amounts committed, not all of which have been drawn down and invested to date.
...
Wikipedia