Home / News / Privcap: Proud of Private Equity – Interview with Steven B. Klinsky
January 15, 2012

Privcap: Proud of Private Equity – Interview with Steven B. Klinsky

January 23, 2012Proud of Private Equity Interview

The founder of private equity heavyweight New Mountain Capital is proud of his firm’s brand of private equity and he has the data to back it up.

Beginning in 2009, Steven Klinsky instructed his team to regularly compile detailed data about portfolio-company job creation, salary levels, and research & development spend. The exercise, says Klinsky in an exclusive interview with Privcap, was motivated by a desire to be “on the record about our business… We’ve always thought that private equity is a socially positive activity.”