New York · Growth–Late Stage · 6 people tracked
Also known as NEW MOUNTAIN CREDIT CLO ADVISERS, L.L.C. · NEW MOUNTAIN FINANCE ADVISERS, L.L.C.
Find your way into New Mountain Capital
816 people in our graph share verified history with the New Mountain Capital team — schools, employers, funds. One of them is your warm intro.
Investment thesis
New Mountain Capital applies a 'defensive growth' investment philosophy centered on business building and growth in economically acyclical industries. Its private equity strategy acquires and builds high-quality leaders in carefully selected defensive growth sectors. Its credit strategy extends the same philosophy to corporate lending opportunities, while its net lease strategy targets operationally critical real estate assets owned by sponsor-backed companies in defensive growth industries. The firm emphasizes growth and value creation rather than financial engineering alone.
Source: firm website, verified Sep 15, 2026.
Team · 6 people
from the firm's websiteWhat they invest in
from 24 of 60 portfolio companiesHealthtech ×14AI & Machine Learning ×7Enterprise Software ×7Digital Health ×5Biotech ×3Consumer ×3Data & Infrastructure ×3E-commerce ×3
HQs:United States×16India×1
Investments · 60 tracked
founders shown can be your intro pathBy year:2025 · 32024 · 12015 · 15 dated
ABB Optical Group is the leading distributor of contact lenses, specialty vision products, and related services to eye care professionals across the United States.
E-commerceEnterprise SoftwareHealthtechMedical Devices
Daniel Liberman(Chief Executive Officer)inAngel Alvarez(CEO)inJames Gilchrist(President)Nick Morse(Chief Financial Officer)inLuca Zuliani(Chief Commercial Officer)inMichael Dell, Esq.(General Counsel)
Access Healthcare provides business process and IT services to the healthcare industry, with expertise in revenue cycle management and healthcare operations.
AI & Machine LearningEnterprise SoftwareHealthtech
Co-investorsPerot Jain
Alteon Health is a physician-owned and physician-led acute care medical group that partners with hospitals and health systems to provide hospitalist medicine, post-acute care, and clinical staffing.
Digital HealthHealthtech
Co-investorsFrazier Healthcare Partners
Amwins is a wholesale insurance broker and specialty insurance distributor that provides retail agencies and insurance carriers with access to specialty markets, proprietary products, actuarial services, and program development.
InsurTechCharlotte, US
M. Steven DeCarlo(Manager)Scott M. Purviance(Manager)inStuart Szabo(Manager)
BoardBenjamin R. Sloop(Manager)Matthew Ebbel(Manager)Marc Stad(Manager)in
Co-investorsGenstarParthenonDragoneer Investment Group
Ascensus Specialties manufactures and supplies specialty chemicals including sodium borohydride, reactive and alkali metals, boranes, and CVD/ALD precursors for customers in the pharmaceutical, life sciences, and microelectronics industries.
Advanced ManufacturingNew MaterialsEvans City, US
Paul Burlingame(Chief Executive Officer)inJohn Robella(Chief Financial Officer)inMario Sandoval(Chief Operating Officer)inEmma Sceats(Chief Commercial Officer)inChris Anderson(Chief Product, Technology, & Strategy Officer)inLeah Boyle(Chief Human Resources Officer)in
Co-investorsWind Point PartnersACE & Company
VWR (part of Avantor) is a distributor of laboratory and production products and services, offering life science reagents, chemicals, lab equipment, consumables, safety/PPE, and furniture.
BiotechE-commerceHealthtechNew York, US
Harris Kealey(Executive Officer)
BoardAndre Moura(Executive Officer)Joseph Walker(Executive Officer)Matthew S. Holt(Executive Officer, Director)
BiotechWarren, US
Parag Shah(Vice President of Business Operations)Martin Dekker(Vice President of Engineering and Manufacturing)Peter Fernandes(Chief Regulatory and Safety Officer)inFabian Tenenbaum(Chief Executive Officer and Director)Deborah Quinn(Chief Medical Officer)Martin Meglasson(Executive Officer)
Careismatic Brands manufactures and sells uniforms and apparel for healthcare professionals through a portfolio of market-leading brands.
ConsumerHealthtech
Co-investorsNexus Capital ManagementPortland Seed Fund
Convey Health Solutions is a family of healthcare companies providing analytics, advisory services, and technology platforms for health plans, payers, and provider organizations.
Data & InfrastructureDigital HealthEnterprise SoftwareHealthtechSaaS
Cytel provides software and biometrics solutions for clinical trial design and delivery in the life sciences industry.
AI & Machine LearningBiotechData & InfrastructureDigital HealthHealthtechMedical Devices
Nitin Patel(Co-Founder and Research Lead, Cytel Innovation Center)inCyrus Mehtain
Co-investorsAstorg
Datassential provides food and beverage market intelligence, using data and AI to help companies across the foodservice ecosystem develop, market, and sell their products.
AI & Machine LearningData & InfrastructureFoodTechChicago, US
Jack Li(Founder)inJim Emlingin
Co-investorsSpectrum Equity
DERMA E develops skincare and personal care products formulated without toxic ingredients, targeting consumers who seek clean beauty alternatives free from parabens, phthalates, and synthetic fragrances.
ConsumerDirect to ConsumerE-commerceHealthtechWellness & FitnessVentura County, US
Healthcare company led by CEO Saurabh Sinha, cited as a Council Capital partner.
Co-investorsCouncilUnion Grove Venture PartnersBlueCross BlueShield Venture Partners
Katch works with health plans across the United States to identify and coordinate health care claim payments, aiming to ensure claims are processed correctly and securely.
Digital HealthHealthtechInsurTech
Jensen Hughes provides fire protection engineering, accessibility consulting, risk and hazard analysis, process safety, security, and emergency management services across critical infrastructure, large-scale construction, and disaster response globally.
Construction TechDefense TechEnterprise SoftwareGovTechLegalTechSan Francisco, US
Alexander Earls(Executive Officer, Director)Philip V Petrocelli(Executive Officer, Director)Philip Rogers(Executive Officer, Director)R. David Andrews(Executive Officer, Director)inRaj Arora(CEO)in
BoardDell Larcen(Director)
Co-investorsGryphonMidwest Mezzanine Funds
MAG Aerospace is a U.S.
Defense Tech
Co-investorsAea InvestorsVestar Capital Partners
OneDigital is an employee benefits and risk management consulting firm that combines human expertise with AI-driven insights to help organizations optimize benefits, retirement, and total rewards programs.
AI & Machine LearningEnterprise SoftwareFintechHR TechInsurTech
Mike SullivanVinay GidwaneyinAdam Bruckman
HealthtechDarien, US
Stephen Wiggins(Chief Executive Officer)Christopher Garcia(Chief Financial Officer)Robert Meier(Chief Operations Officer)EDWARD J. ZECCHINI(Executive Officer)
BoardCharles Boorady(Director)Michael Krupka(Director)
Co-investorsBain Capital VenturesHealth Catalyst Capital
RRC Companies is a multidisciplinary engineering firm providing comprehensive design and engineering services for renewable energy projects (solar, wind, energy storage) as well as traditional hydrocarbon energy infrastructure.
CleantechClimate TechEnergyAustin, US
Generative AI-driven solutions for optimizing inpatient clinical documentation and workflows
Co-investorsRittenhouse Ventures
Smarter Technologies is an AI-powered revenue cycle management and automation platform for hospitals and health systems, combining clinical AI agents, human-in-the-loop workflows, and financial and administrative services.
AI & Machine LearningDigital HealthHealthtechDallas, US
Michael Gao(President)in
Co-investorsCorewell Health Ventures
Thoughtful is a mental health platform combining AI-guided support with access to licensed providers, designed to help employees get help for stress and anxiety before reaching crisis.
AI & Machine LearningEnterprise SoftwareHealthtechMental Health
Alexa Varsavsky(General Manager)in
Co-investorsA-Rod CorpDrive CapitalTriplePoint Capital
SmarterDx uses clinical AI to analyze patient records and help health systems capture accurate reimbursement, reduce denials, and improve quality metrics.
AI & Machine LearningHealthtech
Co-investorsDrive CapitalTriplePoint Capital
TOPIX Pharmaceuticals develops pharmaceutical-grade skincare solutions for dermatology practices.
ConsumerHealthtechMedical DevicesWellness & Fitness
TRC partners with communities and project teams to help them adapt to challenges and achieve positive change.
CleantechClimate TechEnergyEnterprise SoftwareSector Agnostic
Christopher P. Vincze(Chairman and CEO)in
Co-investorsEnergy Impact Partners
Exits · 2
IPOs and acquisitions across the tracked portfolioAlteon Healthacq. by US Acute Care SolutionsDatassentialacq. by New Mountain Capital
Portfolio news
latest coverage across their companiesAvantor · themarketsdaily.com · Aug 30, 2026
Jensen Hughes · businesswire.com · Aug 5, 2026
Datassential · prnewswire.com · Apr 14, 2026
Careismatic Brands · elevenflo.com · Mar 6, 2026
Thoughtful · finance.yahoo.com · Apr 10, 2025
Thoughtful Automation · finance.yahoo.com · Apr 10, 2025
Fund performance · per public LP disclosures · 11
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| New Mountain SRC Continuation Fund, L.P. Private EquityLPs: Pennsylvania Public School Employees' Retirement System | 2025 | — | — | 1.00x | 1.00x |
| New Mountain SRC Rollover Fund, L.P. Private EquityLPs: Pennsylvania Public School Employees' Retirement System | 2025 | — | — | 1.00x | 1.05x |
| New Mountain Partners VII, L.P.LPs: Washington State Investment Board, California Public Employees' Retirement System, San Diego County Employees Retirement Association +2 more | 2023 | — | 38.6% | 1.21x | 0.00x |
| New Mountain CAS Continuation Fund, L.P.LPs: California Public Employees' Retirement System | 2021 | — | -0.8% | 0.98x | 0.27x |
| New Mountain Partners VI, L.P.LPs: Washington State Investment Board, California Public Employees' Retirement System, Pennsylvania Public School Employees' Retirement System +2 more | 2021 | — | 16.2% | 1.50x | 0.15x |
| New Mountain Partners VI, L.P. Private EquityLPs: Pennsylvania Public School Employees' Retirement System | 2020 | — | — | 1.30x | 1.28x |
| New Mountain Partners V, L.P.LPs: Washington State Investment Board, Pennsylvania Public School Employees' Retirement System, Nebraska Investment Council +1 more | 2017 | — | 25.1% | 2.30x | 1.83x |
| New Mountain Partners IV LPLPs: Florida State Board of Administration, San Diego County Employees Retirement Association, Nebraska Investment Council +1 more | 2014 | — | 19.3% | 2.01x | 1.89x |
| New Mountain Partners III LPLPs: California Public Employees' Retirement System, Pennsylvania Public School Employees' Retirement System, Florida State Board of Administration +10 more | 2007 | — | 14.5% | 2.40x | 2.37x |
| New Mountain Partners II LPLPs: California Public Employees' Retirement System, Oregon Public Employees Retirement System, Florida State Board of Administration +4 more | 2005 | — | 13.6% | 1.93x | 1.93x |
| New Mountain PartnersLPs: New York City Police Pension Fund, New York City Fire Department Pension Fund, New York City Employees' Retirement System +1 more | 2001 | — | 12.3% | 1.45x | 1.45x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has New Mountain Capital made?
- New Mountain Capital has 50 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does New Mountain Capital invest at?
- New Mountain Capital invests at the Growth, Late Stage stages.
- What sectors does New Mountain Capital focus on?
- New Mountain Capital focuses on Advanced Manufacturing, Biotech, Cleantech, Climate Tech, Construction Tech, Data & Infrastructure, Energy, Enterprise Software, Fintech, FoodTech, GovTech, Healthtech, Logistics & Supply Chain, New Materials, PropTech, SaaS, Sector Agnostic.
- Where is New Mountain Capital located?
- New Mountain Capital is headquartered in New York, US.
- Who does New Mountain Capital co-invest with?
- New Mountain Capital most often shares deals with Aea Investors, Energy Impact Partners, Frazier Healthcare Partners, among 9 tracked co-investors.
Media · Podcasts & interviews
featuring the teamThe Business Builder: New Mountain Capital's Steve Klinsky | Goldman Sachs
Steve Klinsky · goldmansachs.com
New Mountain Capital’s Steve Klinsky explains his focus on building businesses. - YouTube
Goldman Sachs · Steve Klinsky
The Business Builder: New Mountain Capital's Steve Klinsky
Goldman Sachs · Steve Klinsky
Steve Klinsky, Founder & Chief Executive Officer, New Mountain Capital - YouTube
Alt Goes Mainstream (AGM) · Steve Klinsky
New Mountain Capital CEO Steve Klinsky on the state of private equity, 2024 outlook - YouTube
CNBC Television · Steve Klinsky
Steve Klinsky, New Mountain Capital – Private Equity Titan - YouTube
The Meb Faber Show · Steve Klinsky
Similar investors
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
Khosla Ventures is a venture capital firm founded by Vinod Khosla.
Perella Weinberg is a global independent investment banking and advisory firm providing strategic and financial advice to corporations, financial sponsors, governments, and sovereign wealth funds.
VenturEast is one of India's longest-standing venture capital fund managers, investing since 1997 and managing over $325 million across more than 100 investments in technology, healthcare, and clean environment.
Cerity Partners Ventures provides Venture Capital as a Service (VCaaS) for corporations, helping them launch and manage venture capital programs and invest in and partner with startups.