New Mountain Capital Introduces Wealth Solutions
In a significant move to enhance services for Registered Investment Advisors (RIAs) and their clients, New Mountain Capital, LLC has launched New Mountain Wealth Solutions. This innovative platform aims to provide comprehensive support and solutions to better serve the private wealth sector.
Leadership and Expertise Behind the Initiative
The initiative is spearheaded by Raleigh Peters, who brings extensive industry experience to his role as Head of Wealth Solutions. Peters is committed to expanding New Mountain’s reach within the wealth management arena. Prior to his tenure at New Mountain, he held a key position at Blackstone, where he led Global Strategic Partnerships. He also served as a Managing Director at JPMorgan Asset Management, focusing on the Independent Broker/Dealer distribution channel.
Building a Dedicated Wealth Solutions Team
Over the past year, New Mountain has expanded its Wealth Solutions team, bringing in eight dedicated professionals. This team is focused on enhancing client engagement, operational efficiency, and providing robust support. Each member brings unique expertise to ensure success in their respective roles.
Key Team Members
Chris George, Director, will represent New Mountain’s investment strategies across the Western US. His prior experience includes a role at Carlyle as Vice President and Client Relationship Manager.
Shayne Matthis, Director, will lead efforts in the Great Lakes region. He has a solid background in alternative investment distribution from Nuveen.
Kevin McNutt, Director for the Southeast US, joins from CAIS where he focused on business development.
Scott Schoenfeld takes on the role of Director for the Central region, bringing insights from his previous position at Voya Investment Management.
Supporting the team is John Camperlengo, Vice President, who has a notable history with Blackstone, specializing in fundraising and investor services.
Nick Argentieri, an Associate, completes the core team and previously worked at BlackRock.
Strong Operational Backbone
The newly formed team will benefit from the operational expertise of Michael McCarthy, a Managing Director with nearly two decades at New Mountain, and Sara McNaughton, a Vice President in Business Development who has been with the firm since 2017. Their combined experience will significantly enhance the operational excellence of Wealth Solutions.
Commitment to Excellence
Adam Weinstein, Chief Operating Officer and CFO at New Mountain, expressed his enthusiasm about the new team: "We are thrilled with the world-class team we have assembled to date and are excited to keep building the team in the months and years ahead. At the core of New Mountain’s mission statement is our service to our partners, and we believe the Wealth Solutions team’s professionalism and experience exemplify our mission.”
About New Mountain Capital
New Mountain Capital is a prominent investment firm based in New York, concentrating on business growth and capital appreciation while minimizing risks. With approximately $55 billion in assets under management, the firm administrates private equity, strategic equity, credit portfolios, and net lease real estate funds. New Mountain actively seeks high-quality growth leaders within meticulously selected industry sectors, collaborating closely with management to enhance their business value. To find more information, visit www.newmountaincapital.com.
Frequently Asked Questions
What is New Mountain Wealth Solutions?
New Mountain Wealth Solutions is a platform designed to support Registered Investment Advisors and their clients by providing specialized resources and expertise in wealth management.
Who leads the New Mountain Wealth Solutions team?
The team is led by Raleigh Peters, who has extensive experience in the private wealth sector, previously working at major firms like Blackstone and JPMorgan.
What regions are served by the Wealth Solutions Directors?
The Wealth Solutions team has Directors representing the Western US, Great Lakes region, Southeast US, and Central part of the country, each with relevant experience in wealth management.
What is the mission of New Mountain Capital?
New Mountain Capital aims to emphasize business building and growth while managing investment risks and focusing on long-term capital appreciation.
How can I learn more about New Mountain Capital?
For additional information regarding New Mountain Capital and its Wealth Solutions, you can visit their official website at www.newmountaincapital.com.
