Company: NMFCZ
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001496099-25-000035
Chunk: 179

Company: New Mountain Finance Corp
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 179
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 (losses)" in the Company's Consolidated Statements of Operations.Investments denominated in foreign currencies may be negatively affected by movements in the rate of exchange between the U.S. dollar and such foreign currencies. This movement is beyond the control of the Company and cannot be predicted.Use of estimates—The preparation of the Company's consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the Company's consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Changes in the economic environment, financial markets, and other metrics used in determining these estimates could cause actual results to differ from the estimates used, and the differences could be material.

Note 3. Investments

At September 30, 2025, the Company's investments consisted of the following:Investment Cost and Fair Value by Type CostFair ValueFirst lien$2,024,938 $1,989,262 Second lien108,135 98,128 Subordinated123,295 111,031 Structured Finance Obligations3,232 3,257 Equity and other802,721 741,941 Total investments$3,062,321 $2,943,619 Investment Cost and Fair Value by Industry CostFair ValueSoftware$825,524 $820,891 Business Services577,446 519,649 Healthcare468,510 435,603 Investment Funds (includes investments in joint ventures)275,632 275,657 Consumer Services189,305 188,112 Education194,517 152,532 Distribution & Logistics120,965 116,944 Net Lease81,370 114,944 Financial Services101,465 106,699 Packaging69,994 71,527 Energy74,272 65,334 Business Products30,668 31,139 Food & Beverage21,240 21,230 Consumer Products21,816 13,715 Specialty Chemicals & Materials9,597 9,643 Total investments$3,062,321 $2,943,619 

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Table of ContentsAt December 31, 2024, the Company’s investments consisted of the following:Investment Cost and Fair Value by Type CostFair ValueFirst lien$1,970,251 $1,956,608 Second lien211,449