Company Profile
- Formed in 2008, New Mountain Finance Corporation (NASDAQ: NMFC) (“the company”) is a closed-end, externally managed, publicly traded business development company (“BDC”) that provides capital primarily in the form of senior secured loans to upper-middle market companies in the U.S. The company had a recent market capitalization of ~$1.09 billion. It has elected to be treated, and intends to qualify annually, as a regulated investment company (“RIC”) for federal income tax purposes. NMFC is externally managed by New Mountain Finance Advisors BDC, LLC (“Adviser”), a subsidiary of New Mountain Capital (“NMC”).