Company: NMFCZ
Filing Date: 2025-05-23
Form Type: 40-17G
Source: 0001580642-25-003281
Chunk: 38

Company: New Mountain Finance Corp
Filing Date: 2025-05-23
Form: 40-17G
Chunk 38
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the disposition of such securities, unless the officer or employee has such access solely through his position as an officer or employee
of a bank (each, a “covered person”);

WHEREAS, Rule
17g-1 specifies that the bond may be in the form of (i) an individual bond for each covered person, or a schedule or blanket bond covering
such persons, (ii) a blanket bond which names NMFC as the only insured, (iii) a bond which names NMFC and one or more
other parties as insureds, as permitted by Rule 17g-1;

WHEREAS, Rule 17g-1 requires
that a majority of directors who are not “interested persons” of the BDC, as such term is defined under Section 2(a)(19) of
the 1940 Act (the “Independent Directors”), approve periodically (but not less than once every 12 months) the

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reasonableness of the form and amount of the bond,
with due consideration to the value of the aggregate assets of NMFC to which any covered person may have access, the type and terms of
the arrangements made for the custody and safekeeping of such assets, and the nature of securities and other investments to be held by
NMFC, and pursuant to factors contained in Rule 17g-1, which are described in the accompanying memorandum attached hereto;

WHEREAS, under Rule 17g-1,
NMFC is required to make certain filings with the SEC and give certain notices to each member of the Board in connection with the bond,
and designate an officer who shall make such filings and give such notices;

WHEREAS, the Board, including
all of the Independent Directors, have considered the expected aggregate value of the securities and funds of NMFC to which NMFC’s
officers and employees may have access (either directly or through authority to draw upon such funds or to direct generally the disposition
of such securities), the type and terms of the arrangements made for the custody of such securities and funds, the nature of securities
and other investments to be held by NMFC, the accounting procedures and controls of NMFC, the nature and method of conducting the operations
of NMFC, the requirements of Section 17(g) of the 1940 Act and Rule 17g-1 thereunder, and all other factors deemed relevant by the Board,
including the Independent Directors.

NOW THEREFORE BE IT RESOLVED,
that having considered the expected aggregate value