New Mountain Finance Corporation filings document the regulatory record of a closed-end management investment company focused on direct lending. Its disclosures cover operating results, net investment income, distributions, net asset value, portfolio composition, credit quality and investment exposure across sectors such as software, business services and healthcare.
Material-event filings also describe credit-facility amendments, revolving loan arrangements, stock repurchase authorization, completed asset-sale activity, officer and board governance matters, and listed securities including common stock and 8.250% notes due 2028. Proxy materials cover director elections, auditor ratification and annual meeting voting matters.
New Mountain Finance Corp director and ten percent owner Steven B. Klinsky reported indirect open-market purchases of a total of 437,400 shares of common stock. These purchases occurred on 2026-03-03 and 2026-03-04 at prices of $7.9426 and $8.1671 per share.
The transactions were executed through various trusts and family-related entities, including long-term and revocable trusts and trusts for immediate family members. The filing notes that these entities directly own the shares and that Klinsky disclaims beneficial ownership except to the extent of his pecuniary interest. Some reported line items simply update indirect and direct share holdings, including shares previously acquired under the dividend reinvestment plan.
New Mountain Finance Corp director David Ogens reported open-market purchases of the company's common stock. On March 3, 2026, he bought 10,100 shares at an average price of $7.87 per share and 2,400 shares at $7.86 per share, for a total of 12,500 shares acquired. Following these transactions, his directly owned holdings rose to 241,556 shares. He also reports 16,000 shares held indirectly through trusts benefiting family members, reflecting additional exposure via a family trust structure.
New Mountain Finance Corporation received an updated Schedule 13D/A from long-time investor Steven B. Klinsky, several related trusts, and Adam B. Weinstein, reflecting increased share ownership. Klinsky now beneficially owns 11,154,880.91 shares of common stock, representing 11.01% of the outstanding class, through direct holdings and multiple trusts.
From November 26, 2024 through March 2, 2026, Klinsky and his related trusts acquired an additional 745,622.68 shares, while Weinstein bought 186,321.82 shares, using personal funds via open-market purchases and the company’s dividend reinvestment plan. The filing states they bought the shares because they viewed them as an attractive investment opportunity.
New Mountain Finance Corp director Steven B. Klinsky reported net open-market purchases of 324,727 shares of common stock on February 27 and March 2. The buy transactions were executed at per-share prices of $7.6924 and $7.7852.
The purchases were made indirectly through multiple trusts and an immediate family member, which directly hold the shares. The filing states that Klinsky disclaims beneficial ownership of these trust-held shares except to the extent of his pecuniary interest. Several additional entries update direct and indirect share balances without new buy or sell codes.
New Mountain Finance Corp executive Adam B. Weinstein reported open-market purchases of company common stock. He bought 3,307 shares on March 2, 2026 at $7.73 per share and 38,400 shares on February 27, 2026 at $7.764 per share, totaling 41,707 shares.
After these transactions, he directly owned 738,856.32 shares of New Mountain Finance Corp common stock. A footnote notes that this ownership figure includes shares acquired through the company’s dividend reinvestment plan since his prior Form 4 filed on September 16, 2025.
New Mountain Finance Corp COO Laura C. Holson reported an open-market purchase of 12,500 shares of common stock at $7.74 per share. The transaction took place on February 27, 2026. Following this buy, her directly owned stake increased to 81,029.59 shares, which includes shares accumulated through the company’s dividend reinvestment plan since her prior Form 4 filed on May 15, 2023.
New Mountain Finance Corporation outlines its 2025 business and investment profile as a publicly traded BDC focused on senior secured lending to U.S. sponsor-backed middle market companies. The company operates as a regulated investment company and is externally managed by New Mountain Finance Advisers, L.L.C., part of New Mountain Capital.
As of December 31, 2025, the investment portfolio had a fair value of about $2.742 billion across 113 portfolio companies, invested 66.3% in first lien loans, 3.3% in second lien loans, 4.4% in subordinated debt, 0.1% in structured finance obligations and 25.8% in equity and other. The weighted average yield to maturity at cost on income-producing investments was approximately 10.5%. Top industry exposures were software, business services and healthcare, and the ten largest portfolio positions represented 33.2% of total assets. The aggregate market value of common stock held by non‑affiliates was $994.0 million based on a June 30, 2025 closing price of $10.55, with 100,806,575 shares outstanding as of February 24, 2026.
New Mountain Finance Corporation reported fourth-quarter 2025 net investment income of $33.0 million, or $0.32 per share, fully covering its $0.32 quarterly distribution. Net asset value per share declined to $11.52 from $12.06 as of September 30, 2025.
The company signed a definitive agreement to sell $477 million of assets at 94% of December 31, 2025 fair value to diversify the portfolio, reduce payment-in-kind income and enhance financial flexibility. Management also plans to permanently reduce NMFC’s incentive fee to 15% over an 8% hurdle.
NMFC declared a first-quarter 2026 distribution of $0.32 per share, payable March 31, 2026, to holders of record on March 17, 2026, but expects to reduce the dividend to $0.25 per share starting in Q2 2026 as base rates fall and the asset mix becomes more senior-focused.
New Mountain Finance Corp. director John P. Malfettone has filed an initial statement of beneficial ownership. As of the event date, he directly beneficially owns 77,500 shares of New Mountain Finance Corp. common stock. The filing is a routine disclosure of his shareholdings as a company director and does not describe any new purchase or sale activity, only the number of shares he holds.
New Mountain Finance Corporation reported that long-serving director Alfred F. Hurley, Jr., a board member since 2010, has decided to retire from the Board of Directors. The company states that his retirement is not the result of any disagreement with the company, and it has posted a statement about his retirement on its website.
To fill the vacancy, the Board appointed John P. Malfettone as a director effective January 15, 2026. He will also serve on the Audit, Nominating and Corporate Governance, Compensation, and Valuation Committees. The filing highlights his prior roles with New Mountain affiliates, Alvarez & Marsal, Clayton, Dubilier & Rice, Oak Hill Capital Partners, General Electric, and KPMG, as well as his CPA credentials and charitable activities. The company notes there are no arrangements, family relationships, or related-party transactions associated with his appointment that require disclosure.