New Mountain Finance Corporation (NMFC)
New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $50 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million and target investments up to a $125 million hold size. The fund seeks a majority stake in its portfolio companies.
$1.30B
Mr. John R. Kline
0.00
New York, NY
May 20, 2011
11.03
$1.09
0.32
0.50
8.04%
10.44%
66.13%
9.58
-0.26
0.97
6.34
0.50
4.12%
10.18%
Similar stocks (7)
Golub Capital BDC, Inc.
GBDC
Sixth Street Specialty Lending, Inc.
TSLX
Carlyle Secured Lending, Inc.
CGBD
BlackRock TCP Capital Corp.
TCPC
Fidus Investment Corporation
FDUS
TriplePoint Venture Growth BDC Corp.
TPVG
WhiteHorse Finance, Inc.
WHF
ETF Exposure (9)
VanEck BDC Income ETF
BIZD
3.89%
GraniteShares HIPS US High Income ETF
HIPS
2.3983497746998417%
ProShares Global Listed Private Equity ETF
PEX
1.8231640046918192%
Invesco Global Listed Private Equity ETF
PSP
0.235%
Inspire Small/Mid Cap Impact ESG ETF
ISMD
0.19188946397607282%
Global X U.S. Preferred ETF
PFFD
0.1%
iShares Preferred and Income Securities ETF
PFF
0.07786%
Schwab 1-5 Year Corporate Bond ETF
SCHJ
0.0121382884%
Schwab U.S. Aggregate Bond ETF
SCHZ
9.529791e-4%
Similar stocks (7)
Golub Capital BDC, Inc.
GBDC
Sixth Street Specialty Lending, Inc.
TSLX
Carlyle Secured Lending, Inc.
CGBD
BlackRock TCP Capital Corp.
TCPC
Fidus Investment Corporation
FDUS
TriplePoint Venture Growth BDC Corp.
TPVG
WhiteHorse Finance, Inc.
WHF
ETF Exposure (9)
VanEck BDC Income ETF
BIZD
3.89%
GraniteShares HIPS US High Income ETF
HIPS
2.3983497746998417%
ProShares Global Listed Private Equity ETF
PEX
1.8231640046918192%
Invesco Global Listed Private Equity ETF
PSP
0.235%
Inspire Small/Mid Cap Impact ESG ETF
ISMD
0.19188946397607282%
Global X U.S. Preferred ETF
PFFD
0.1%
iShares Preferred and Income Securities ETF
PFF
0.07786%
Schwab 1-5 Year Corporate Bond ETF
SCHJ
0.0121382884%
Schwab U.S. Aggregate Bond ETF
SCHZ
9.529791e-4%