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;
