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New Mountain Finance Corporation (NMFC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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12.86-0.12 (-0.92%)
At close: 4:00PM EDT

12.86 0.00 (0.00%)
After hours: 4:00PM EDT

New Mountain Finance Corporation

787 Seventh Avenue
49th Floor
New York, NY 10019
United States
212-720-0300
http://www.newmountainfinance.com

Sector(s)Financial Services
IndustryAsset Management
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert A. HamweeCEO & DirectorN/AN/A1970
Mr. John R. KlinePres, COO & DirectorN/AN/A1975
Mr. Adam B. Weinstein CPA, CPAChief Admin. Officer, Exec. VP & DirectorN/AN/A1979
Mr. Shiraz Y. Kajee CPA, CPACFO & MDN/AN/A1980
Ms. Lindsey WittmannAccounting Mang.N/AN/AN/A
Ms. Karrie J. JerryChief Compliance Officer & Corp. Sec.N/AN/A1975
Mr. James W. Stone IIIManaging DirectorN/AN/AN/A
Ms. Laura C. HolsonMD & Head of Capital MarketsN/AN/AN/A
Mr. Joshua Brendan PorterManaging DirectorN/AN/AN/A
Mr. Andre V. MouraManaging DirectorN/AN/A1982
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

New Mountain Finance Corporation is a Business Development Company specializing in investments in middle market companies and debt securities at various levels of the capital structure, including first and second lien debt, unsecured notes, bonds, and mezzanine securities. It invests in various industries that include software, education, business services, distribution and logistics, federal services, healthcare services and products, healthcare facilities, energy, media, consumer and industrial services, healthcare Information Technology, Information Technology and services, specialty chemicals and materials, telecommunication, retail, and power generation. It seeks to invest in United States. It typically invests between $10 million and $50 million. Within middle market it seeks to invest in companies having EBITDA between $20 million and $200 million. It prefers to invest in equity interests, such as preferred stock, common stock, warrants, or options received in connection with its debt investments and directly in the equity of private companies. The fund makes investments through both primary originations and open-market secondary purchases. It invests primarily in debt securities that are rated below investment grade and have contractual unlevered returns of 10% to 15%. The firm may also invest in distressed debt and related opportunities and prefers to invest in targets having private equity sponsorship. It seeks to hold its investments between five years and ten years. The fund prefer to have majority stake in companies.

Corporate Governance

New Mountain Finance Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.