New Mountain Strategic Equity Fund I’s $523.75 Million Fundraising


Simpson Thacher advised New Mountain Capital on the deal.

New Mountain Capital completed the formation and raising of New Mountain Strategic Equity Fund I, L.P. (“SEF I”), which closed at $523.75 million of third party capital commitments, and at $640 million 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, strategic equity and credit funds with more than $30 billion in aggregate capital commitments.

The Simpson Thacher team advising on SEF I included Tom Bell (Picture), David Greene, Matthew Leighton, Audrey Stern and Sheena Shah (Funds); Andrew Purcell, Dmitry Zelik and Abigail Hopper (Tax); and Jennifer Neilsson and Jeanne Annarumma (ECEB).

Involved fees earner: Jeanne Annarumma – Simpson Thacher & Bartlett; Thomas Bell – Simpson Thacher & Bartlett; David Greene – Simpson Thacher & Bartlett; Abigail Hopper – Simpson Thacher & Bartlett; Matthew Leighton – Simpson Thacher & Bartlett; Jennifer Neilsson – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Sheena Shah – Simpson Thacher & Bartlett; Audrey Stern – Simpson Thacher & Bartlett; Dmitry Zelik – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: New Mountain Capital;

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Author: Ambrogio Visconti