{
  "crd_number": 155493,
  "slug": "new-mountain-finance-advisers-l-l-c-new-york-ny-155493",
  "primary_business_name": "NEW MOUNTAIN FINANCE ADVISERS, L.L.C.",
  "legal_name": "NEW MOUNTAIN FINANCE ADVISERS, L.L.C.",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-11-17",
  "years_registered": 15,
  "period": "2026-10-01",
  "filing_date": "2026-06-01",
  "carried_forward": false,
  "raum_total": 11228245111.0,
  "raum_discretionary": 11228245111.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 235,
  "advisory_employees": 45,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 2072385169.0,
      "count": 8
    },
    "business_development_companies": {
      "raum": 9155859942.0,
      "count": 5
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [
    "https://linkedin.com",
    "https://newcred.com",
    "https://newlease.com",
    "https://newmountaincapital.com",
    "https://newmountainfinance.com",
    "https://wikipedia.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/155493",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/new-mountain-finance-advisers-l-l-c-new-york-ny-155493",
  "display_name": "New Mountain Finance Advisers, L.L.C.",
  "summary": "New Mountain Finance Advisers, L.L.C. is an SEC-registered investment advisory firm in New York, NY, registered since 2010, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 1, 2026.",
  "citation": "AdvisorCensus. New Mountain Finance Advisers, L.L.C. (CRD 155493): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is New Mountain Finance Advisers, L.L.C. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), New Mountain Finance Advisers, L.L.C. reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is New Mountain Finance Advisers, L.L.C. located?",
      "a": "New Mountain Finance Advisers, L.L.C.'s principal office is in New York, NY, according to its Form ADV; the July 2026 filing also lists 8 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is New Mountain Finance Advisers, L.L.C. registered with the SEC or a state?",
      "a": "New Mountain Finance Advisers, L.L.C. is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 155493."
    },
    {
      "q": "How much does New Mountain Finance Advisers, L.L.C. manage?",
      "a": "New Mountain Finance Advisers, L.L.C. reports $11,228,245,111 in regulatory assets under management in its Form ADV filing dated June 1, 2026 (100% discretionary)."
    },
    {
      "q": "How have New Mountain Finance Advisers, L.L.C.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for New Mountain Finance Advisers, L.L.C.: Regulatory assets under management: $5,904,214,966 in the October 2021 data and $11,228,245,111 in the October 2026 data, up 90%. Total employees: 129 in October 2021 and 235 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does New Mountain Finance Advisers, L.L.C. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8); business development companies (5)."
    },
    {
      "q": "Does New Mountain Finance Advisers, L.L.C. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/155493"
    },
    {
      "q": "What changed in New Mountain Finance Advisers, L.L.C.'s recent Form ADV filings?",
      "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 5904214966.0,
      "total_employees": 129,
      "filing_date": "2021-07-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 7561690994.0,
      "total_employees": 152,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 8796531777.0,
      "total_employees": 168,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 9711575609.0,
      "total_employees": 195,
      "filing_date": "2024-08-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 10127715980.0,
      "total_employees": 210,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 11228245111.0,
      "total_employees": 235,
      "filing_date": "2026-06-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 40 to 45.",
        "Regulatory assets under management went from $10,127,715,980 to $11,228,245,111 (+11%).",
        "Changed its office addresses in London.",
        "Changed its office addresses in Tokyo.",
        "Added an office in Abu Dhabi.",
        "Added an office in Colonia Roma Norte.",
        "Added an office in Seoul."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/new-mountain-finance-advisers-l-l-c-new-york-ny-155493.md",
  "clients": [
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 5,
      "fewer_than_5": false,
      "raum": 9155859942.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 2072385169.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/155493",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}