New Mountain Capital Makes Growth Investment in Portage Point Partners

In The News
October 2, 2024

Ropes & Gray advised New Mountain Capital in its strategic minority growth investment in Portage Point Partners, a business advisory, interim management and investment banking firm serving middle market stakeholders. The transaction was announced in an Oct. 2 press release.

New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, credit, and net lease investment strategies with approximately $55 billion in assets under management.

The team included private equity partner Carl Marcellino, executive compensation & employee benefits partner Danna Kivell, tax partners Adam Greenwood and Alyssa Kollmeyer, employment partner Stephanie Bruce, private equity associate Holt Baker, and tax associate Aaron Lichter.