New Mountain Capital Closes on $1.2 Billion for New Mountain Strategic Equity Fund II

Written By A.J. Sanderman

  • Growth-oriented firm raises $1.2 billion for non-control private equity fund focused on partnership-oriented minority investments

  • $1 billion “hard cap” increased due to demand from Limited Partners; Over $150 million GP commitment from approximately 115 internal team members

  • Strategic Equity Fund II is dedicated to partnering with leading founder- and sponsor-backed businesses via minority, non-control investments

  • New Mountain is committed to “building great businesses” within carefully selected acyclical growth sectors, focusing on the middle market

  • Firm’s total assets under management are now approximately $60 billion, with a team of 300 plus professionals, across five areas: private equity, strategic equity, GP-led single asset secondaries, credit and net lease

Read The Full Announcement
A.J. Sanderman
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