January 23, 2012– Proud 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.”