Steve Klinsky, New Mountain Capital – Private Equity Titan

Video Description

Subscribe to The Meb Faber Show podcast on your favorite platform so you never miss an episode! https://pod.link/1128955736 Today’s guest is Steve Klinsky, founder and CEO of New Mountain Capital, a private equity firm with over $37 billion in assets under management. Steve began his time in private equity when he co-founded Goldman Sachs’ Leverage Buyout Group back in 1981 when there were very few private equity firms around. In today’s episode, Steve shares how the private equity industry has evolved over his career to go from a focus on financial engineering to a focus on building businesses. Then he talks about the opportunity today in private credit and what the key drivers are to helping businesses grow and generate returns for both the employees and his firm. He even walks us through some real deals, including his sale of Signify Health to CVS earlier this year for a $8 billion. To see links or read the transcript of the episode, visit us at: https://mebfaber.com/2023/07/12/steve-klinsky/ ----- Today's episode is sponsored by YCharts. YCharts enables financial advisors to make smarter investment decisions and better communicate with clients. YCharts offers a suite of intuitive tools, including numerous visualizations, comprehensive security screeners, portfolio construction, communication outputs, and market monitoring. To start your free trial and be sure to mention "MEB" for 20% off your subscription here: https://go.ycharts.com/meb2023 (New clients only) Download a copy of YCharts’ latest white paper taking a deeper look into the performance of various portfolio allocation strategies and asset classes during the four most recent rate hike cycles: https://go.ycharts.com/managing-rising-rate-environments?utm_source=Meb+Faber ----- Follow Meb: Twitter: https://twitter.com/MebFaber LinkedIn: https://www.linkedin.com/in/mebanefaber/ Website: http://mebfaber.com/ To learn more about our products and follow us, subscribe to our mailing list: https://theideafarm.us1.list-manage.com/subscribe/post?u=6750faf5c6091bc898da154ff&id=7249739cdb Listen and subscribe on the platform of your choice: Apple: https://podcasts.apple.com/us/podcast/the-meb-faber-show/id1128955736 Spotify: https://open.spotify.com/show/6gEEIpE2eu1yndaFra4Cgb Google: https://podcasts.google.com/feed/aHR0cHM6Ly9tZWJmYWJlci5saWJzeW4uY29tL3Jzcw Follow The Idea Farm: Subscribe (FREE!): www.theideafarm.com Twitter: https://twitter.com/TheIdeaFarm LinkedIn: https://www.linkedin.com/company/theideafarm-co Tik Tok: https://www.tiktok.com/@mebfabershow Instagram: https://www.instagram.com/mebfabershow/reels/