NMFC’s $105m equity investment drives originations

The New York-based mid-market lender’s net investment income once again covered its dividend, a key focus of executives.

New Mountain Finance Corporation meaningfully expanded its portfolio with net originations of $250.2 million, in a market with tighter credit spreads and what many consider to be a difficult deal environment.

The business development company, the credit arm of private equity firm New Mountain Capital, originated $349.3 million and saw repayments of $99.1

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