Company: NMFCZ
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001496099-25-000027
Chunk: 23

Company: New Mountain Finance Corp
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 2
Chunk 23
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 in TVG-Edmentum Holdings, LLC, PPVA Fund, L.P. and Black Elk, partially offset by realized gains in Haven Midstream Holdings LLC and unrealized appreciation in New Permian Holdco, Inc., OA Topco, L.P. and UniTek Global Services, Inc. The provision for income taxes was attributable to equity investments that are held as of June 30, 2024 in eight of our corporate subsidiaries. See Monitoring of Portfolio Investments above for more details regarding the health of our portfolio companies.

130

Investment Income and Net Realized and Unrealized (Losses) Gains Related to Non-Controlling Interest in New Mountain Net Lease Corporation ("NMNLC")

 Three Months Ended(in thousands)June 30, 2025June 30, 2024Total investment income$83,490 $94,588 Net expenses after income taxes48,905 56,149 Net investment income34,585 38,439 Less: Net investment income related to non-controlling interest in NMNLC117 239 Net investment income related to NMFC$34,468 $38,200 Net change in realized gains (losses) on investments13,389 (31,166)Less: Net change in realized gains on investments related to non-controlling interest in NMNLC— — Net change in realized gains (losses) of investments related to NMFC$13,389 $(31,166)Net change in unrealized (depreciation) appreciation of investments(40,530)30,512 Net change in unrealized depreciation of securities purchased under collateralizedagreements to resell— (3,000)Net change in unrealized appreciation on foreign currency452 129 Provision for taxes(21)(130)Less: Net change in unrealized (depreciation) appreciation of investments related to non-controlling interest in NMNLC(16)74 Net change in unrealized (depreciation) appreciation of investments related to NMFC$(40,083)$27,437 

Results of Operations for the Six Months Ended June 30, 2025 and June 30, 2024 

Revenue

 Six Months Ended(in thousands)June 30, 2025June 30, 2024Total interest income$124,347 $135,993 Total dividend income40,274 42,765 Other income4,532 6