New Mountain Finance Corporation (NMFC) NASDAQ

9.32

+0.08(+0.87%)

Updated at October 20 04:00PM

Currency In USD

New Mountain Finance Corporation

Address

787 Seventh Avenue

New York City, NY 10019

United States of America

Phone

212-720-0300

Sector

Financial Services

Industry

Asset Management

Employees

0

First IPO Date

May 20, 2011

Key Executives

NameTitlePayYear Born
Mr. John R. KlinePresident, Chief Executive Officer & Director01975
Mr. Kris Eric CorbettChief Financial Officer & Treasurer01976
Ms. Linda Chiu CPAManaging Director0N/A
Mr. Adam B. Weinstein CPAChief Administrative Officer, Executive Vice President & Director01979
Ms. Laura C. Holson BoswergerChief Operating Officer01986
Mr. Joshua WeinsteinSenior Accounting Manager0N/A
Mr. Joseph Wesley Hartswell C.F.A.Chief Compliance Officer01979
Mr. James W. Stone IIIManaging Director0N/A
Mr. Joshua Brendan PorterManaging Director & Head of Credit Special Situations0N/A
Mr. Eric KaneCredit Legal Counsel & Corporate Secretary0N/A

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, 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 $50 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 and target investments up to a $125 million hold size. The fund seeks a majority stake in its portfolio companies.