Simpson Thacher advised New Mountain Capital in the formation and raising of New Mountain Partners V, L.P. Fund V closed at its hard cap of $5.85 billion of third party capital commitments, and at $6.15 billion in capital commitments including the capital commitment from New Mountain and its professionals.
New Mountain Capital is a New York-based alternative investment firm that emphasizes business building and growth. The firm currently manages private equity, public equity and credit funds with over $20 billion in aggregate capital commitments.
The Simpson Thacher team includes Tom Bell, Amanda Moore, Catherine Kidd, Allen Pan, Jessie Chen, Yorda Yenenh, David Whelan and Susan Wang (Funds); John Creed, Andrew Purcell and Deborah Plum (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).