6.88
-0.43%
Close of 9 Nov 2026, in USD
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About New Mountain Finance
From its filings with the US Securities and Exchange Commission
New Mountain Finance is based in New York, New York and is incorporated in United States. Its shares trade on Nasdaq under the ticker NMFC. In the fiscal year to 31 December 2025, it reported net income of $16.5m. At that date it held total assets of $2.90bn and shareholders' equity of $1.18bn.
New Mountain Finance Corporation ("NMFC", the "Company", "we", "us" or "our") is a Delaware corporation that was originally incorporated on June 29, 2010 and completed its initial public offering ("IPO") on May 19, 2011. We are a closed-end, non-diversified management investment company that has elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). We have elected to be treated, and intend to comply with the requirements to continue to qualify annually, as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"). Since our IPO, and through December 31, 2025, we have raised approximately $1,034.6 million in net proceeds from additional offerings of common stock.
New Mountain Finance Advisers, L.L.C. (the "Investment Adviser"), formerly known as New Mountain Finance Advisers BDC, L.L.C., is a wholly-owned subsidiary of New Mountain Capital Group, L.P. (together with New Mountain Capital L.L.C. and its affiliates, "New Mountain Capital") whose ultimate owners include Steven B. Klinsky, other current and former New Mountain Capital professionals and related vehicles and a minority investor. New Mountain Capital is a global investment firm with approximately $60 billion of assets under management and a track record of investing in the middle market. New Mountain Capital focuses on investing in defensive growth companies across its private equity, credit and net lease investment strategies.
Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Capital Markets
- Listed since
- 20 May 2011
- Website
- newmountainfinance.com ↗
- Head office
- 1633 BROADWAY, NEW YORK, NY, 10019
- Incorporated in
- X1
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Steven KlinskyChairman of the Board, since 2010
- Mr. John KlinePresident, Chief Executive Officer, Director, since 2013
- Mr. Robert HamweeVice Chairman of the Board, since 2010
- Mr. Kris CorbettChief Financial Officer, Treasurer
- Ms. Laura HolsonChief Operating Officer
- Mr. Adam WeinsteinExecutive Vice President, Chief Administrative Officer, Director, since 2010
- Mr. Joseph HartswellChief Compliance Officer
- Mr. Rome ArnoldIndependent Director$148,500
- Ms. Barbara DanielIndependent Director$137,000
- Mr. Daniel HebertIndependent Director$137,000
- Mr. Alfred HurleyIndependent Director$142,264
- Mr. David OgensIndependent Director$147,997
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Diverse Investment Portfolio: The company boasts a well-diversified investment portfolio across multiple industries, reducing the risk associated with concentration in a single sector. This diversity enables them to capitalize on various market opportunities and adapt to changing market conditions.
- Experienced Management Team: New Mountain Finance Corp is supported by a highly skilled and experienced management team with a deep understanding of the financial industry. Their expertise allows for effective decision-making, risk management, and strategic planning.
- Weaknesses: Dependence on External Factors: The company's performance is influenced by external factors such as economic conditions, interest rates, and regulatory changes. Any negative developments in these areas could impact the company's financial performance and growth prospects.
- Heavy Reliance on Debt Financing: New Mountain Finance Corp relies heavily on debt financing to fund its investments. While this strategy can provide leverage and enhance returns, it also exposes the company to risks associated with interest rate fluctuations and increased debt burden.
- Limited Global Presence: The company primarily operates within the United States, limiting its exposure to international markets. This lack of global presence restricts potential investment opportunities and diversification outside of the U.S.
- Opportunities: Increasing Demand for Alternative Investments: There is a growing trend among investors to seek alternative investments beyond traditional asset classes. New Mountain Finance Corp can capitalize on this opportunity by expanding its product offerings and attracting more investors looking for diversification and higher yields.
- Expansion into New Sectors: The company can explore opportunities to enter new sectors or industries to diversify its investment portfolio further. This expansion can help capture emerging market trends and potentially generate additional sources of revenue.
- Strategic Partnerships: New Mountain Finance Corp can establish strategic partnerships with other financial institutions or companies in complementary sectors. These partnerships can provide access to new markets, expertise, and resources, enhancing the company's competitive position and growth potential.
- Threats: Intense Competition: The financial industry is highly competitive, with numerous players vying for investment opportunities and clients. New Mountain Finance Corp faces the risk of losing potential investments and customers to competitors with more attractive offerings or better market positioning.
- Economic Volatility: Fluctuations in the overall economy can have a significant impact on the financial industry. Economic downturns, recessions, or financial crises can decrease investment activity, increase default rates, and pose challenges to the company's growth and profitability.
- Regulatory Changes: Changes in regulations and compliance requirements can impose additional burdens on the company's operations. Non-compliance or inability to adapt to new regulatory standards may result in penalties, reputational damage, and hinder the company's ability to attract investors or raise capital.
Weaknesses
- Heavy Reliance on Debt Financing: New Mountain Finance Corp relies heavily on debt financing to fund its investments. While this strategy can provide leverage and enhance returns, it also exposes the company to risks associated with interest rate fluctuations and increased debt burden.
- Limited Global Presence: The company primarily operates within the United States, limiting its exposure to international markets. This lack of global presence restricts potential investment opportunities and diversification outside of the U.S.
- Opportunities: Increasing Demand for Alternative Investments: There is a growing trend among investors to seek alternative investments beyond traditional asset classes. New Mountain Finance Corp can capitalize on this opportunity by expanding its product offerings and attracting more investors looking for diversification and higher yields.
- Expansion into New Sectors: The company can explore opportunities to enter new sectors or industries to diversify its investment portfolio further. This expansion can help capture emerging market trends and potentially generate additional sources of revenue.
- Strategic Partnerships: New Mountain Finance Corp can establish strategic partnerships with other financial institutions or companies in complementary sectors. These partnerships can provide access to new markets, expertise, and resources, enhancing the company's competitive position and growth potential.
- Threats: Intense Competition: The financial industry is highly competitive, with numerous players vying for investment opportunities and clients. New Mountain Finance Corp faces the risk of losing potential investments and customers to competitors with more attractive offerings or better market positioning.
- Economic Volatility: Fluctuations in the overall economy can have a significant impact on the financial industry. Economic downturns, recessions, or financial crises can decrease investment activity, increase default rates, and pose challenges to the company's growth and profitability.
- Regulatory Changes: Changes in regulations and compliance requirements can impose additional burdens on the company's operations. Non-compliance or inability to adapt to new regulatory standards may result in penalties, reputational damage, and hinder the company's ability to attract investors or raise capital.
Opportunities
- Expansion into New Sectors: The company can explore opportunities to enter new sectors or industries to diversify its investment portfolio further. This expansion can help capture emerging market trends and potentially generate additional sources of revenue.
- Strategic Partnerships: New Mountain Finance Corp can establish strategic partnerships with other financial institutions or companies in complementary sectors. These partnerships can provide access to new markets, expertise, and resources, enhancing the company's competitive position and growth potential.
- Threats: Intense Competition: The financial industry is highly competitive, with numerous players vying for investment opportunities and clients. New Mountain Finance Corp faces the risk of losing potential investments and customers to competitors with more attractive offerings or better market positioning.
- Economic Volatility: Fluctuations in the overall economy can have a significant impact on the financial industry. Economic downturns, recessions, or financial crises can decrease investment activity, increase default rates, and pose challenges to the company's growth and profitability.
- Regulatory Changes: Changes in regulations and compliance requirements can impose additional burdens on the company's operations. Non-compliance or inability to adapt to new regulatory standards may result in penalties, reputational damage, and hinder the company's ability to attract investors or raise capital.
Threats
- Economic Volatility: Fluctuations in the overall economy can have a significant impact on the financial industry. Economic downturns, recessions, or financial crises can decrease investment activity, increase default rates, and pose challenges to the company's growth and profitability.
- Regulatory Changes: Changes in regulations and compliance requirements can impose additional burdens on the company's operations. Non-compliance or inability to adapt to new regulatory standards may result in penalties, reputational damage, and hinder the company's ability to attract investors or raise capital.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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