New Mountain Finance Corporation
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- John R. Kline
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1633 Broadway New York City NY United States of America 10019
- IPO Date
- May 20, 2011
- CIK
- 0001496099
- Website
- newmountainfinance.com
- Similar Companies
- Business
- New Mountain Finance Corporation (NMFC) is a business development company (BDC) and closed-end, non-diversified management investment company that generates current income and capital appreciation through direct lending solutions, primarily offering senior secured first lien debt, unitranche loans, second lien debt, mezzanine securities, notes, bonds, and equity interests including preferred stock, common stock, warrants, and options to U.S. upper middle-market companies with annual revenues between $10 million and $1 billion in defensive growth industries such as business services, software, healthcare services, consumer services, education, energy, distribution and logistics; the company sources investments via primary originations and secondary market purchases, leveraging the sector expertise of its external investment adviser, New Mountain Finance Advisers BDC L.L.C., an affiliate of New Mountain Capital, with a portfolio fair value of $2.96 billion as of September 30, 2025, comprising approximately 90% first lien debt and featuring weighted average portfolio company EBITDA coverage of 1.8x and interest coverage of 1.7x. Founded in 2010 and headquartered at 1633 Broadway, 48th Floor, New York, NY, NMFC focuses on established companies backed by financial sponsors or top private equity firms, targeting growth capital, acquisitions, recapitalizations, and strategic initiatives while maintaining a proven track record of superior risk-adjusted returns, having invested $10.3 billion since inception with net realized losses of only $16 million against $1.5 billion in dividends paid, outperforming the BDC Index (112.4% total return) and CS High Yield Index (119.4%). In recent developments, NMFC originated $127.3 million in new investments during the third quarter of 2025, offset by $177.1 million in repayments, announced financial results reflecting net asset value per share of $12.06, net investment income of $0.32 per share, and a quarterly distribution of $0.32 per share, and continues to benefit from strong employee shareholder alignment at approximately 14% ownership; while New Mountain Capital, its affiliate, pursued strategic expansions like growth investments in Access Healthcare and Machinify in early 2025, NMFC maintains its core focus on middle-market direct lending without direct involvement in those transactions.
Company News
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New Mountain Finance Q2 Earnings Call Highlights
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