Meet New Mountain's Steve Klinsky, one of private equity's pioneers
Steve Klinsky, Founder and CEO of New Mountain Capital, is joining Moonfare's Steffen Pauls for a wide-ranging interview. Reserve your seat now for: Tuesday, 30 June at 10 am ET / 2 pm BST / 3 pm CEST
Loading...
Steve Klinsky has been in private equity since before most people had heard of it.
He co-founded Goldman Sachs' first Leverage Buyout group in 1981 and was a senior partner at Forstmann Little through the 1990s.
He was in the room during one of the most famous deals in Wall Street history, the RJR Nabisco buyout immortalised in Barbarians at the Gate. Steve was representing the firm that refused to use junk bonds to finance the deal.
In 1999, he founded New Mountain Capital, a firm built on a conviction that real value comes from building better businesses, not from financial engineering.
Since inception, the firm has generated $112 billion in enterprise value with a loss ratio of just 0.2% across the entire portfolio.
Join Steffen Pauls, Moonfare's Founder and Co-CEO, for a wide-ranging conversation covering:
- Defensive growth. Why backing businesses that don't depend on the economic cycle may produce stronger, more consistent returns? What that discipline look like in practice?
- Value creation. New Mountain has identified 24 distinct ways to build a better business. What’s the framework behind one of the industry's most consistent track records?
- Hidden AI. New Mountain was investing in AI infrastructure before it was a headline theme. Where is the next wave of opportunities? And why do the best AI bets sometimes not look like AI investments at all?
- Opportunities in PE. Private markets are now open to a much greater group of individual investors. How should they think about allocation and should they follow the same playbook as institutions?
Nota importante: Questo contenuto è fornito a scopo informativo. Moonfare non fornisce consulenza sugli investimenti. Non dovresti interpretare alcuna informazione o altro materiale fornito come consulenza legale, fiscale, di investimento, finanziaria o altro. Se hai dei dubbi, dovresti cercare consulenza finanziaria da un consulente autorizzato. Le prestazioni passate non sono una guida affidabile per i rendimenti futuri. Non investire a meno che tu non sia disposto a perdere tutto il denaro che investi. Si tratta di un investimento ad alto rischio e è improbabile che tu sia protetto se qualcosa va storto. Soggetto a idoneità. Si prega di consultare https://www.moonfare.com/disclaimers.
Related Content
Join Moonfare Now.
Benefit from what institutional investors already know: the greatest shareholder value comes from private markets, and funds like those offered on Moonfare have generated an average IRR of 19% — outperforming the S&P 500 by 13%.*
Join The Satellite.
Weekly updates on Investment and Finance.
Subscribe Now
About Moonfare
Moonfare aims to lead a new era of private equity investing by creating the opportunity for higher returns for more people. We are building the world's most engaged investor community to inspire investments that drive the world forward.
Important information
This is a marketing communication. Moonfare does not make investment recommendations and no communication, through this website or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. Alternative investments in private placements, and private equity investments via feeder funds in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Prospective investors should carefully consider the risk warnings and disclosures for the respective fund or investment vehicle set out therein. The value of an investment may go down as well as up and investors may not get back their money originally invested. Past performance is not necessarily a guide to future performance. An investment in a fund or investment vehicle is not the same as a deposit with a banking institution. Please refer to the respective fund documentation for details about potential risks, charges and expenses. Additionally, investors will typically receive illiquid and/or restricted membership interests that may be subject to holding period requirements and/or liquidity concerns. In the most sensible investment strategy for private equity investing, private equity should only be part of your overall investment portfolio. Further, the private equity portion of your portfolio may include a balanced portfolio of different private equity funds. Investments in private equity are highly illiquid and those investors who cannot hold an investment for the long term (at least 10 years) should not invest.
In the United States, securities products and services are offered through Moonfare Securities USA, LLC (“Moonfare Securities”). Moonfare Securities is a registered broker-dealer (brokercheck.finra.org) with the United States Securities and Exchange Commission and is a member of the Financial Industry Regulatory Authority, Inc. (www.finra.org) and the Securities Investor Protection Corporation (www.sipc.org).
- 1 Minimum investment may vary by country and local regulation.
- 2 Source: McKinsey "Private Markets Annual Review 2022"
- 3 Past performance is no guarantee of future returns.