Steven B. Klinsky, Managing Director, Founder and Chief Executive Officer, established New Mountain Capital and the Fund in January, 2000. Prior to founding New Mountain, Mr. Klinsky was co-founder of Goldman Sachs & Co.'s Leverage Buyout Group (1981-1984) where he helped execute over $3 billion of pioneering transactions for Goldman Sachs and its clients. He then joined Forstmann Little and Co. 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, which was a period of great investment success for that firm.

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, including Strayer Education, Inc., Surgis, Inc., Overland Solutions, Inc., Apptis, Inc., National Medical Health Card Systems, Inc., MailSouth, Inc., Deltek, Inc., Connextions, Inc., Ikaria Holdings, Inc., Inmar, Inc., Oakleaf Global Holdings, Inc., RedPrairie Holding, Inc., General Instrument Corporation, The Thompson Minwax Co. and The Yankee Candle Company, Inc.