Type Private Total assets $15.0 billion Headquarters United States of America Founded 2000 | Industry Private equity Number of employees 100+ Founder Steven B. Klinsky | |
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Products Leveraged buyout, growth capital, recapitalizations Website www.newmountaincapital.com | ||
Focusing on business building rather than debt steve klinsky new mountain capital
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 (NYSE: NMFC).
Contents
- Focusing on business building rather than debt steve klinsky new mountain capital
- Steve klinsky new mountain capital on meaningful business
- References
New Mountain oversees approximately $15.0 billion of capital across four private equity funds plus Vantage and NMFC.
The firm, which is based in New York City, was founded in 2000 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 23,100 jobs at New Mountain portfolio companies. Additionally, New Mountain portfolio companies spent approximately $3.1 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.