Steven B. Klinsky net worth and biography

Steven Klinsky Biography and Net Worth

Founder & CEO of New Mountain Finance

Steven Klinsky established New Mountain Capital in 1999. Prior to founding New Mountain Capital, Mr. Klinsky was co-founder of the Leverage Buyout Group of Goldman Sachs & Co. (“Goldman”) (1981-1984), where he helped execute over $3 billion of pioneering transactions for Goldman and its clients. He then joined Forstmann Little and Co. (“Forstmann Little”) as an Associate Partner (1984-1986) and a General Partner (1986-1999), helping to oversee seven private equity and debt partnerships totaling over $10 billion in capital. Mr. Klinsky was the most senior partner of Forstmann Little outside of the Forstmann family for a majority of the 1990s.

Mr. Klinsky received his B.A. in Economics and Political Philosophy, with high honors, from the University of Michigan in 1976. He received his M.B.A. from Harvard Business School (class of 1979) and his J.D., with honors, from Harvard Law School (class of 1981). He is or has been chairman or a director of numerous corporations and philanthropies.

What is Steven B. Klinsky's net worth?: The estimated net worth of Steven B. Klinsky is at least $42.86 million as of December 17th, 2024. Mr. Klinsky owns 4,285,505 shares of New Mountain Finance stock worth more than $42,855,050 as of April 7th. This net worth estimate does not reflect any other assets that Mr. Klinsky may own. Learn More about Steven B. Klinsky's net worth.
How do I contact Steven B. Klinsky?: The corporate mailing address for Mr. Klinsky and other New Mountain Finance executives is 787 Seventh Avenue 48th Floor, New York NY, 10019. New Mountain Finance can also be reached via phone at (212) 720-0300 and via email at nmfcir@newmountaincapital.com. Learn More on Steven B. Klinsky's contact information.
Has Steven B. Klinsky been buying or selling shares of New Mountain Finance?: Steven B. Klinsky has not been actively trading shares of New Mountain Finance over the course of the past ninety days. Most recently, on Tuesday, December 17th, Steven B. Klinsky bought 72,280 shares of New Mountain Finance stock. The stock was acquired at an average cost of $11.28 per share, with a total value of $815,318.40. Following the completion of the transaction, the director now directly owns 4,285,505 shares of the company's stock, valued at $48,340,496.40. Learn More on Steven B. Klinsky's trading history.
Who are New Mountain Finance's active insiders?: New Mountain Finance's insider roster includes Rome Arnold, III (Director), Laura Boswerger (CFO), Robert Hamwee (Director), John Kline (CEO), Steven Klinsky (Founder & CEO), and David Ogens (Director). Learn More on New Mountain Finance's active insiders.
Are insiders buying or selling shares of New Mountain Finance?: During the last twelve months, New Mountain Finance insiders bought shares 9 times. They purchased a total of 333,030 shares worth more than $3,705,045.16. During the last twelve months, insiders at the sold shares 1 times. They sold a total of 1,238 shares worth more than $15,536.90. The most recent insider tranaction occured on March, 4th when Director David Ogens bought 5,000 shares worth more than $57,200.00. Insiders at New Mountain Finance own 10.2% of the company. Learn More about insider trades at New Mountain Finance.
Information on this page was last updated on 3/4/2025.

Steven B. Klinsky Insider Trading History at New Mountain Finance

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/17/2024	Buy	72,280	$11.28	$815,318.40	4,285,505
12/5/2024	Buy	16,624	$11.74	$195,165.76	4,133,737
12/3/2024	Buy	6,200	$11.75	$72,850.00	4,122,655
11/26/2024	Buy	2,400	$11.74	$28,176.00	4,118,522
11/20/2024	Buy	34,867	$11.51	$401,319.17	4,056,324
11/6/2024	Buy	150,609	$10.87	$1,637,119.83	3,632,326
3/17/2023	Buy	100,000	$11.74	$1,174,000.00	7,820,681
3/15/2023	Buy	100,000	$11.83	$1,183,000.00	7,620,681
3/13/2023	Buy	100,000	$11.70	$1,170,000.00	7,420,681
5/16/2022	Buy	18,350	$12.80	$234,880.00	7,181,197
5/13/2022	Buy	14,250	$12.73	$181,402.50	7,162,847
5/26/2020	Buy	272,861	$9.58	$2,614,008.38	7,240,751
5/14/2020	Buy	200,000	$7.94	$1,588,000.00	7,040,751
5/11/2020	Buy	100,000	$8.11	$811,000.00	6,840,751
10/23/2019	Buy	355,000	$13.25	$4,703,750.00	6,740,751
12/17/2018	Buy	181,805	$12.52	$2,276,198.60	56,009
3/13/2018	Buy	281,176	$13.40	$3,767,758.40	5,823,600
3/9/2018	Buy	201,100	$13.36	$2,686,696.00	5,545,972
11/8/2016	Buy	12,154	$13.47	$163,714.38	5,147,620
11/7/2016	Buy	155,724	$13.37	$2,082,029.88	5,061,864
11/3/2016	Buy	214,276	$13.28	$2,845,585.28	4,877,995
2/19/2016	Buy	64,539	$12.04	$777,049.56	4,574,020
2/17/2016	Buy	284,780	$11.93	$3,397,425.40	4,527,825
2/12/2016	Buy	350,475	$11.60	$4,065,510.00	4,243,045
12/17/2015	Buy	222,313	$13.03	$2,896,738.39	3,836,923
9/30/2015	Buy	200,100	$13.71	$2,743,371.00	3,562,731
9/29/2015	Buy	299,900	$13.56	$4,066,644.00	3,562,731
9/25/2015	Buy	500,000	$14.14	$7,070,000.00	3,062,731
11/12/2014	Buy	134,788	$14.82	$1,997,558.16
8/15/2014	Buy	117,940	$15.19	$1,791,508.60
8/13/2014	Buy	212,060	$15.10	$3,202,106.00

See Full Table

Steven B. Klinsky Buying and Selling Activity at New Mountain Finance

New Mountain Finance Company Overview

New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in defensive growth industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes, and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $125 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million. The fund seeks a majority stake in its portfolio companies.

Today's Range

Now: $10.00

$9.96

$10.57

50 Day Range

MA: $11.41

$10.00

$12.02

2 Week Range

Now: $10.00

$9.74

$12.81

Volume

1,579,029 shs

Average Volume

438,690 shs

Market Capitalization

$1.08 billion

P/E Ratio

9.52

Dividend Yield

11.54%

Beta

0.84