New Mountain Capital
Private equityNew York Β· Growth Β· 6 people tracked
Investment thesis
New Mountain Capital pursues a "defensive growth" investment philosophy, targeting economically acyclical industries where it can build and grow businesses over time. Its private equity strategy acquires high-quality leaders in carefully selected defensive growth sectors and works to expand them. The firm's credit strategy applies the same defensive growth lens to corporate lending opportunities, while its net lease strategy acquires operationally critical real estate assets from sponsor-backed companies in these industries. The firm emphasizes long-term value creation and business building rather than reliance on cyclical market dynamics.
Source: firm website, verified Aug 7, 2026.
Team Β· 6 people
from the firm's websiteWhat they invest in
from 2 of 52 portfolio companiesBiotech Γ1Consumer Γ1Healthtech Γ1
HQs:United StatesΓ1
Investments Β· 52 tracked
founders shown can be your intro pathBiotechWarren, US
Naseem Amin(Director)Jens Luehring(Director)Mary Ann Cloyd(Director)Parag Shah(Vice President of Business Operations)Martin Dekker(Vice President of Engineering and Manufacturing)Andre Moura(Director)
Careismatic Brands manufactures and sells uniforms and apparel for healthcare professionals through a portfolio of market-leading brands.
ConsumerHealthtech
Provider of premium, micro-branded and branded skincare products; New Mountain invested in July 2016 to fund a growth strategy.
Provider of premium, micro-branded and branded skincare products for the dermatologist market; a New Mountain Capital portfolio company since July 2016.
Fund performance Β· per public LP disclosures Β· 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 | β | β | 1.00x | 1.00x |
| New Mountain SRC Rollover Fund, L.P. Private EquityLPs: Pennsylvania Public School Employees' Retirement System | 2025 | β | β | 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 | β | 38.6% | 1.21x | 0.00x |
| New Mountain CAS Continuation Fund, L.P.LPs: California Public Employees' Retirement System | 2021 | β | -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 | β | 16.2% | 1.50x | 0.15x |
| New Mountain Partners VI, L.P. Private EquityLPs: Pennsylvania Public School Employees' Retirement System | 2020 | β | β | 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 | β | 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 | β | 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 | β | 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 | β | 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 | β | 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
- What stage does New Mountain Capital invest at?
- New Mountain Capital invests at the Growth stage.
- What sectors does New Mountain Capital focus on?
- New Mountain Capital focuses on Advanced Manufacturing, Biotech, Data & Infrastructure, Enterprise Software, Fintech, FoodTech, GovTech, Healthtech, Logistics & Supply Chain, New Materials, SaaS.
- Where is New Mountain Capital located?
- New Mountain Capital is headquartered in New York, US.