New Mountain Capital’s $533 Million New Mountain Net Lease Partners Foundraising


Simpson Thacher represented New Mountain Capital in connection with the formation and raising of the New Mountain Net Lease Partners (NMNLP).

NMNLP, New Mountain’s first net lease fund, closed with $533 million of equity capital commitment, substantially exceeding its initial fundraising goal of $300 to $350 million.

NMNLP will pursue a strategy that emphasizes operationally critical facilities at middle market and private equity sponsored businesses, generally investing $5 million to $75 million equity capital per transaction. The fund has completed six transactions to date.

The Simpson Thacher team representing New Mountain included Thomas Bell (Picture), Amanda Moore, Townshine Wu, Chuck Xu, Yorda Yenenh, Caitlin Lackner, Geraldine Rothschild, Forrest Osgood, Sam Ash and Nina Bakhtina (Funds); Jeanne Annarumma (ERISA); and Drew Purcell and CJ Murray (Tax).

Involved fees earner: Jeanne Annarumma – Simpson Thacher & Bartlett; Samuel Ash – Simpson Thacher & Bartlett; Nina Bakhtina – Simpson Thacher & Bartlett; Thomas Bell – Simpson Thacher & Bartlett; Caitlin Lackner – Simpson Thacher & Bartlett; Amanda Moore – Simpson Thacher & Bartlett; Christopher Murray – Simpson Thacher & Bartlett; Forrest Osgood – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Geraldine Rothschild – Simpson Thacher & Bartlett; Townshine Wu – Simpson Thacher & Bartlett; Charles Xu – Simpson Thacher & Bartlett; Yordanosse Yenenh – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: New Mountain Capital;