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.
Lloyd G. "Buzz" Waterhouse
Senior Advisor

Lloyd (Buzz) Waterhouse joined NMC as a senior advisor in 2015. Mr. Waterhouse was most recently the CEO of McGraw-Hill Education, one of the world’s largest learning sciences companies.  He has been a strong proponent of re-imagining learning, leveraging his deep experience in technology with his love for education. These efforts resulted in the transformation of McGraw into the leader in outcomes-based, digital learning solutions. Mr. Waterhouse was responsible for the separation of McGraw-Hill Education from McGraw-Hill Financial, standing up the company and its subsequent sale to Apollo Global Management.   

Mr. Waterhouse was also the CEO of Harcourt Education, a provider of instructional materials, e-learning and testing services for the global education market.  Under Mr. Waterhouse’s leadership, the company underwent a significant transformation, and was later sold in a $5 billion transaction.      

Prior to Harcourt, Mr. Waterhouse was CEO and chairman of The Reynolds & Reynolds Company, the leading provider of automotive retailing solutions.  While in Dayton, Mr. Waterhouse started the I-Zone, co-founded the Entrepreneur’s Fund, served as the first chairperson of the Wright Center for Innovation, and founded Mound Street Academies, a highly successful school for at-risk students.

Before Reynolds, Mr. Waterhouse held numerous roles at IBM.  He led their strategy and business development functions during Lou Gerstner’s tenure and subsequent turn-around, launched IBM Global Services, and was president of Asia Pacific Services Corporation.

Mr. Waterhouse currently resides in Park City, Utah and serves on the boards of McGraw-Hill Education and Penn State’s Smeal College of Business.