The NEW MOUNTAIN GROUP is a privately held investment adviser that advises $62.49Bn in regulatory assets under management held in 3 SEC fund types across 5 investment strategies. NEW MOUNTAIN GROUP is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 74.5% over the last 5-years.
The Group has been registered with the SEC for 17.78 years and is comprised of 3 filing and 0 relying advisers. They operate out of 11 office locations with their Headquarters at 1633 BROADWAY 48TH FL., NEW YORK, NEW YORK. The Group has not been subject to regulatory enforcement actions. They are regulated by 4 US and Non-US bodies.
They have 235 employees comprised of 154 investment and 81 non-investment staff. The total number of Employees increased by 82.17% over the last 5-years.
Their $62.49Bn in assets advised are owned by 37 private funds, 7 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $51.88Bn or 83.01% of Total Assets and Business Development Companies (BDC) own $9.16Bn or 14.65% of Total Assets.
The Group's top investment strategies include Traditional LBO, FI/Credit - Lending and FI/Credit - Asset Backed Securities, representing 68.06%, 19.02% and 7.4% of total assets, respectively.
They advise 3 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Business Development Companies (BDC).
The Group uses 7 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 8 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 15 private funds with $14.18Bn in assets.
The Group discloses advisory fees, management fees and performance-based fees.
NEW MOUNTAIN GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.