New Mountain Partners V holds initial close

New Mountain Capital, LLC has held an initial close of its fifth fund, New Mountain Partners V, L.P., securing US $ Read our research and get insight on this and other stories. We offer monthly/yearly recurring or one-time subscriptions.

New Mountain Capital has yet to announce the closing of the fund.

On October 9, 2014, New Mountain Capital announced the final closing of New Mountain Partners IV, L.P., with US $4.13 billion of equity capital commitments, including US $4.0 billion of third party Limited Partner commitments and over US $130 million from the General Partner and affiliated investors.

Canada Pension Plan Investment Board (CPPIB) committed US $300 million to Fund IV.

New York based New Mountain Capital is an investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, public equity and credit funds with approximately $15 billion in aggregate capital commitments.

photo credit: New Mountain Capital

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal,,, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's, Canada's most sophisticated and advanced all private capital and public market financing database.