Company Description
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in "defensive growth" industries.
The fund prefers investing in buyout and middle market companies. It also makes 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. It targets energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services.
The fund seeks to invest in United States of America. It seeks to invest between $10 million and $125 million per transaction.
The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million.
The fund seeks a majority stake in its portfolio companies.
| Country | United States |
| IPO Date | May 20, 2011 |
| Industry | Asset Management |
| Sector | Financials |
| CEO | John R. Kline |
Contact Details
Address: 1633 Broadway, 48th Floor New York, New York 10019 United States | |
| Phone | (212) 730-0200 |
| Website | newmountainfinance.com |
Stock Details
| Ticker Symbol | NMFC |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001496099 |
| CUSIP Number | 647551100 |
| ISIN Number | US6475511001 |
| Employer ID | 27-2978010 |
Key Executives
| Name | Position |
|---|---|
| John R. Kline | President, Chief Executive Officer and Director |
| Adam B. Weinstein CPA | Chief Administrative Officer, Executive Vice President and Director |
| Kris Corbett | Chief Financial Officer and Treasurer |
| Laura C. Holson | Chief Operating Officer |
| Joseph Wesley Hartswell C.F.A. | Chief Compliance Officer and Corporate Secretary |
| James W. Stone III | Managing Director |
| Joy Y. Xu | Managing Director |
| Joshua Brendan Porter | Managing Director and Head of Credit Special Situations |
| Andre V. Moura | Managing Director |
| Ivo D. Turkedjiev | Managing Director |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 15, 2024 | 8-K | Current Report |
| Mar 26, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Mar 26, 2024 | DEF 14A | Other definitive proxy statements |
| Feb 26, 2024 | 10-K | Annual Report |
| Feb 26, 2024 | 8-K | Current Report |
| Feb 8, 2024 | 8-K | Current Report |
| Feb 1, 2024 | 8-K | Current Report |
| Jan 26, 2024 | 8-K | Current Report |
| Jan 26, 2024 | 424B2 | Prospectus |
| Jan 26, 2024 | 497AD | Filing by certain investment companies of Rule 482 advertising |