{"url":"https://nivawealth.com/firms/new-mountain-finance-advisers-155493","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/155493","regulatoryAum":11228245111,"crd":"155493","secFileNumber":"801-71948","legalName":"New Mountain Finance Advisers, L.L.C.","displayName":"New Mountain Finance Advisers","website":"http://www.newmountainfinance.com","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1633 Broadway, 48th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10019"},"tradeNames":[],"registration":{"secApproved":"17 November 2010","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":235,"advisory":45,"brokerDealerReps":8,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":11228245111,"discretionaryAccounts":13,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":38,"nonAumClients":0},"clientTypes":[{"label":"Business development companies","clients":5,"regulatoryAum":9155859942},{"label":"Pooled investment vehicles","clients":8,"regulatoryAum":2072385169}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"New Mountain Finance Advisers has custody of $1.92B for 8 clients.","otherCustodians":[],"leadership":[{"name":"John Kline","title":"Managing Director and Chief Executive Officer","crd":"3271278"},{"name":"Adam Weinstein","title":"Managing Director, President and Firm Chief Operating Officer","crd":"5858864"},{"name":"Laura Boswerger","title":"Managing Director and Credit Chief Operating Officer, Chief Financial Officer","crd":"4965346"},{"name":"Kellie Steele","title":"Director and Net Lease Chief Financial Officer","crd":"8065021"},{"name":"Joseph Hartswell","title":"Managing Director and Chief Compliance Officer","crd":"5381455"},{"name":"Peter Kaplan","title":"Managing Director and Portfolio Manager","crd":"2829607"},{"name":"Steven Klinsky","title":"Founder","crd":"1053236"}],"ownership":[{"label":"New Mountain Capital Group, L.P.","detail":"Member in the 75% or more ownership band and a control person, since October 2010."},{"label":"Steven Klinsky","detail":"Founder in the 50% to 75% ownership band and a control person, since October 2010. Also a managing member of NM Holdings GP, L.L.C. in the 50% to 75% band and a control person, since October 2018. Also a limited partner of NM Partners Manager Holdings, L.P. in the 50% to 75% band and a control person, since October 2018."},{"label":"NM Partners Manager Holdings, L.P.","detail":"Indirect owner: a limited partner of New Mountain Capital Group, L.P. in the 75% or more band and a control person, since October 2018.","parent":"New Mountain Capital Group, L.P."},{"label":"NM Holdings GP, L.L.C.","detail":"Indirect owner: general partner of NM Partners Manager Holdings, L.P. and a control person, since October 2018. Also general partner of New Mountain Capital Group, L.P. and a control person, since October 2018.","parent":"NM Partners Manager Holdings, L.P."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":8,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"401 Wilshire Boulevard","city":"Santa Monica"}]},{"state":"New York","offices":1,"addresses":[{"street":"1633 Broadway, 48th Floor","city":"New York","headquarters":true}]},{"state":"South Carolina","offices":1,"addresses":[{"street":"170 Meeting Street","city":"Charleston"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-720-0300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Other"],"financialPlanningClients":null,"assetMix":[],"privateFunds":7},"sources":{"adv1FilingDate":"1 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/155493/PDF/155493.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does New Mountain Finance Advisers have?","answer":"New Mountain Finance Advisers has 13 clients and manages $11.2 billion for them, as of June 2026. They include 8 pooled investment vehicles and 5 business development companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 1 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does New Mountain Finance Advisers offer?","answer":"New Mountain Finance Advisers provides portfolio management for investment companies, portfolio management for pooled vehicles and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does New Mountain Finance Advisers have?","answer":"New Mountain Finance Advisers has 0 investment adviser representatives registered with state securities authorities, out of 235 employees, and 45 perform investment advisory functions. 8 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns New Mountain Finance Advisers?","answer":"New Mountain Finance Advisers’ direct owners are New Mountain Capital Group, L.P. (75% or more) and Steven Klinsky (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 1 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does New Mountain Finance Advisers get paid?","answer":"New Mountain Finance Advisers is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}