New Mountain Capital
also invests · investor profile2 known investors
New York-based alternative investment firm managing private equity, credit and net lease strategies with about $60 billion in AUM.
Also known as New Mountain · New Mountain Capital LLC · New Mountain Capital, LLC
Investors · 2
Company profile
researched Aug 2026New Mountain Capital, LLC, together with its affiliates, is an American alternative investment manager headquartered in New York City (Paramount Plaza). The firm manages private equity, credit and net lease capital, with aggregate assets under management of approximately $60 billion as of mid-2025. Its stated approach emphasizes business building and growth in economically acyclical or "defensive growth" industries rather than reliance on high leverage, combining fundamental research with operational and strategic support for portfolio companies.
The firm organizes its activity across five areas: private equity, strategic equity (non-control minority investments), GP-led single asset secondaries, credit, and net lease real estate. The private equity strategy seeks to acquire leaders in selected defensive growth niches and then build those businesses; the credit strategy applies the same philosophy to corporate lending; and the net lease strategy acquires operationally critical real estate assets from sponsor-backed companies. Targeted sectors include healthcare, software, business services, information and data, logistics, specialty chemicals, federal services, financial services, environmental services, infrastructure services, life sciences and advanced materials, healthcare technologies, and advanced data and analytics.
New Mountain reports approximately 175 investment professionals (including 22 senior advisors and 19 business development professionals) as of October 1, 2025 and a team of more than 300 professionals overall; Wikipedia cites 195 employees as of 2024. Leadership includes founder and CEO Steven Klinsky and President and COO Adam Weinstein, with John Kline as President and CEO of Credit and Teddy Kaplan as President and CEO of Net Lease.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Acquisitions · 1
Early investors' stakes continue via these dealsDatassential provides food and beverage market intelligence, using data and AI to help companies across the foodservice ecosystem develop, market, and sell their products. It serves brands and operators in the food and beverage industry.
Timeline · 32
launches, deals, and filingsNew Mountain launched VictoryRe and established the NovaRe sidecar with Novacore to expand specialty program capacity.
New Mountain closed its second non-control private equity fund, New Mountain Strategic Equity Fund II, L.P. and related vehicles, at $1.2 billion, above its $1 billion hard cap. GP commitments totaled over $150 million from approximately 115 internal team members. Investors include pension funds, insurance companies, asset managers, endowments, family offices, RIAs and high-net-worth individuals. Simpson Thacher & Bartlett served as legal advisor.
$1.2B source ↗
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New Mountain announced New Mountain Wealth Solutions, a platform to support RIAs and their customers, led by Raleigh Peters and backed by an eight-member specialist team alongside 160 investment professionals.
$15.4B source ↗
$825M source ↗
New Mountain acquired and merged two home healthcare companies in 2017 for less than $500 million, renaming the group Signify Health, which was sold to CVS Health in September 2022.
$8B source ↗
$2.5B source ↗
Reported raising over $10 billion for investments, comprising a $9.6 billion flagship private equity vehicle and a $640 million pool earmarked for non-controlling stakes.
$10B source ↗
New Mountain sold the rebranded Blue Yonder to Panasonic for $8 billion, earning over $5 billion in gains.
$8B source ↗
New Mountain's first non-control private equity fund, SEF I, closed with approximately $640 million of commitments and is now fully invested in platform companies.
$640M source ↗
$550M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- New Mountain Capitalnewmountaincapital.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does New Mountain Capital do?
- New York-based alternative investment firm managing private equity, credit and net lease strategies with about $60 billion in AUM.
- Who are New Mountain Capital's investors?
- New Mountain Capital's investors include BCI, BLN Capital.