New Mountain's private equity strategy seeks to acquire the highest quality leaders in carefully selected growth industries.
New Mountain Vantage Advisers, LLC ("Vantage") holds non-control positions in the U.S. public equity market.
New Mountain’s credit strategy applies the firm’s “defensive growth” industry approach to the debt portion of the capital structure.
New Mountain Finance Corporation (NYSE: NMFC) is a closed-end, non-diversified investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended.

NMFC's investment objective is to generate current income and capital appreciation through investments in debt securities at all levels of the capital structure, including first and second lien debt, unsecured notes and mezzanine securities. In some cases, its investments may also include equity interests.

NMFC's primary focus is in the debt of high quality, defensive growth companies, which are defined as generally exhibiting the following characteristics:

  • (i) sustainable secular growth drivers,
  • (ii) high barriers to competitive entry,
  • (iii) high free cash flow after capital expenditure and working capital needs,
  • (iv) high returns on assets, and
  • (v) opportunities for niche market dominance.