# New Mountain Capital

> New Mountain Capital is a New York alternative investment manager with about $60 billion in assets under management. Founded by Steven Klinsky in 1999, it applies a research-led 'defensive growth' philosophy across control private equity, minority strategic equity, private credit, broadly syndicated loans and net-lease real estate, targeting middle-market businesses in acyclical niches and emphasizing operational improvement over heavy financial engineering.

- **Founded:** 1999
- **Headquarters:** New York, United States
- **Founders:** Steven B. Klinsky (Founder & CEO)
- **Team size:** About 300 investment professionals and staff in 2025; the firm separately reported about 175 investment professionals as of October 1, 2025.
- **Products:** Flagship Private Equity, Strategic Equity, Private Credit, Broadly Syndicated Loans and CLOs, Net Lease
- **Notable:** Grew to approximately $60 billion in assets under management by 2025-2026., Invested in more than 80 businesses through private equity since 2000., Closed New Mountain Partners VII at $15.4 billion in 2024, including a $1.4 billion general-partner commitment.

## Products & services

- **Flagship Private Equity** — Control and control-oriented investments, generally $100 million to $500 million per transaction, in middle-market defensive-growth companies.
- **Strategic Equity** — Minority, non-control investments in founder- and sponsor-backed companies using the same sector focus and operating resources as the flagship strategy.
- **Private Credit** — Direct lending and related private-credit products for middle-market businesses, including the publicly traded New Mountain Finance Corporation.
- **Broadly Syndicated Loans and CLOs** — Senior-loan products and collateralized loan obligations informed by the firm's sector research; the CLO strategy launched in 2020.
- **Net Lease** — Sale-leasebacks, acquisitions, built-to-suits and forward commitments involving operationally critical corporate real estate.
- **Wealth Solutions** — A client-service and distribution platform supporting registered investment advisers and their clients in accessing New Mountain strategies.

## Achievements

- Grew to approximately $60 billion in assets under management by 2025-2026.
- Invested in more than 80 businesses through private equity since 2000.
- Closed New Mountain Partners VII at $15.4 billion in 2024, including a $1.4 billion general-partner commitment.
- Reported approximately 101,100 cumulative jobs added or created at private-equity portfolio companies through 2025, net of job losses.
- Reported more than $10.4 billion of portfolio-company R&D, software development and capital expenditures through 2025.
- Reported approximately $112 billion in enterprise-value gains across private-equity portfolio companies through 2025.
- Built a credit platform with about $14 billion in AUM and roughly $33 billion invested since inception as reported in the 2025 review.
- Built a net-lease platform with 80-plus completed deals, about $4 billion in purchase price and more than 37 million square feet acquired as reported by the firm.
- Opened or expanded offices in Tokyo, Mexico City and Seoul between 2024 and 2026.
- Published an annual Social Dashboard since 2008.

## Latest updates

- **2026-08** — Announced an agreement to acquire fire-protection and risk-engineering company Jensen Hughes and named Dr. Hisham Mahmoud as incoming chairman.
- **2026-07** — Partnered with SAM, a geospatial and inspection-services provider serving utilities, transportation agencies and infrastructure owners.
- **2026-06** — Announced the sale of project and cost-management platform Cumming Group to Leonard Green & Partners.
- **2026-04** — Released its eighteenth annual Social Dashboard and opened a Seoul office.
- **2026-01** — Closed Strategic Equity Fund II with $1.2 billion of commitments, above its original hard cap.
- **2025-12** — New Mountain Net Lease completed its inaugural $493 million asset-backed securitization.
- **2025-10** — Named William Dunigan head of Wealth Solutions.
- **2025-09** — Established a Mexico City office and announced a $640 million acquisition of 53 net-lease assets.
- **2025-05** — Formed Smarter Technologies by combining SmarterDx, Thoughtful.ai and Access Healthcare.

## Links

- Website: https://www.newmountaincapital.com/
- LinkedIn: https://www.linkedin.com/company/new-mountain-capital

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Profile page: https://yespress.io/new-mountain-capital
Published by YesPress — https://yespress.io
Last updated: 2026-08-17