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Special Report - New Mountain Capital
April 2025

New Mountain Capital : a thematic investment strategy based on rigor and discipline

Published on
10/4/2025
Amended on
25/3/2026
0
minute(s)
Odyssey 2023
New Mountain Capital
For almost 25 years, New Mountain Capital has built its success around an in-depth thematic approach, aimed at identifying and investing in defensive growth sectors. This method is based on a rigorous analysis of long-term economic dynamics: the firm selects sectors capable of prospering over a decade, regardless of cyclical fluctuations, such as variations in energy or construction prices.
By
Damien Hélène
Damien Hélène
New Mountain Capital : a thematic investment strategy based on rigor and discipline
This article has been automatically translated. Please excuse any inaccuracies or translation errors.
Dieser Artikel wurde automatisch übersetzt. Bitte entschuldigen Sie etwaige Ungenauigkeiten oder Übersetzungsfehler.
This article has been automatically translated. We apologize per inaccuracies or translation errors.

"We have a structured sector selection process," explains Steve Klinsky, founder and CEO of New Mountain Capital. "Each year, we analyze hundreds of companies, but acquire only one or two per sector, with the aim of continually strengthening our expertise in these specific segments."

The approach of New Mountain, Fund manager in the Vintage FPCI Altaroc Odyssey portfolio and in the selection universe for the Vintage FPCI Altaroc Odyssey portfolio, is also based on the versatility of its investment professionals. Rather than having them specialize in a single sector, the firm encourages each professional to focus on two or three subsectors, in order to foster a cross-functional perspective and adaptability. “We don’t want someone to be confined to a single sector and feel the need to justify their role by pushing forced investments in that sector, explains Klinsky. “This versatility creates a stronger culture, where every professional works in the firm’s overall interest, rather than to defend their own portfolio.”

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