New Mountain Capital

Overview

New Mountain Capital is a New York-based alternative investment firm specializing in growth investing within economically acyclical industries. The firm manages private equity, credit, and net lease investment strategies, with approximately $60 billion in assets under management as of June 30, 2025. New Mountain Capital emphasizes intensive fundamental research and a growth-oriented, 'value-add' investment approach, rather than reliance on excessive risk, as the best path to high and consistent long-term returns. The firm's investment focus includes sectors such as healthcare, software, business services, information and data, logistics, specialty chemicals, federal services, financial services, and environmental services. New Mountain Capital works systematically to establish expertise in additional sectors over time. The firm has proactively developed particular research and operational expertise in carefully selected defensive growth niches. New Mountain Capital has a history of significant investments, including the acquisition of RedPrairie for $550 million in March 2010, which was rebranded as Blue Yonder and sold to Panasonic for $8 billion in 2021, earning over $5 billion in gains. In August 2010, the firm acquired Avantor for under $300 million, which was listed in 2019, earning New Mountain Capital over $3 billion in gains. In 2017, New Mountain acquired and merged two small home healthcare companies to form Signify Health, which was sold to CVS Health for $8 billion in September 2022. In May 2024, New Mountain led a consortium to acquire a 60% stake in Grant Thornton's U.S. unit, focusing on the non-audit business. The firm's global presence includes offices in Europe and Asia, with a recent expansion into Mexico City in September 2025, reflecting its commitment to deepening client relationships and growing its investor base across Latin America. The Mexico City office is led by Carlo Lombardo, who joined from LarrainVial and previously served as Country Head for Mexico and Head of the Alternative Products team. New Mountain Capital's investment philosophy centers on building great businesses across a range of carefully selected, non-cyclical sectors, delivering a consistent track record of strong performance. The firm's approach emphasizes business building and growth, rather than excessive risk, as the best path to high and consistent long-term returns.