Professional
Added to YB: 2024-05-03
Pitch date: 2024-04-24
NMFC [bullish]
New Mountain Finance Corporation
-20.12%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$858.3M
Pitch Price
$10.26
Price Target
N/A
Dividend
15.38%
EV/EBITDA
N/A
P/E
12.57
EV/Sales
7.53
Sector
Capital Markets
Category
N/A
Weitz Core Plus Income Fund New Portfolio Holding: New Mountain Finance Corporation
NMFC: Invested in New Mountain's $11B credit arm's 2nd rated feeder fund. Sr secured floating rate loans, no leverage. Tranched capital structure for various risk/return profiles. GP equity commitment aligns interests. NMC has $50B AUM, focuses on defensive growth via deep research.
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