Tuesday 30 January 2024

New Mountain Opens Tokyo Office To Strengthen Client Relationships In Japan, Asia

KUALA LUMPUR, Jan 30 (Bernama) -- New Mountain Capital LLC (New Mountain), has announced the opening of its Tokyo office, led by Managing Director and 18-year veteran, Andrew Barous, that will focus on deepening client relationships and expanding the firm’s investor base across Asia.

New Mountain in a statement said investment activity will remain focused on defensive-growth middle-market companies headquartered in North America.

“We are pleased to announce the opening of our Tokyo office to foster our many existing partnerships and relationships and forge new ones in Japan and throughout Asia.

“Our consistent focus on ‘defensive growth’ and business building continues to resonate well with institutional investors in Asia, as well as around the globe, and we look forward to growing our presence here,” said Founder and Chief Executive Officer, Steve Klinsky.

Meanwhile, Barous said the establishment of office in Tokyo represents a significant milestone and that he is honoured to be a part of overseeing this important expansion.

“Creating close and lasting partnerships is our guiding principle in engaging with investors and having a physical presence in Asia is strategically important in providing better service to our partners and showcasing our commitment to the region,” he added.

Since its founding in 1999, New Mountain’s focus on building great businesses across a range of carefully selected, non-cyclical sectors have delivered a consistent track record of strong performance as it has grown to more than 250 people globally with over 20 transaction leaders and 40 operating partners.

The Tokyo office is in Roppongi and officially named New Mountain Capital Japan GK and has secured a Type II Financial Instruments Business Operator Licence.

New Mountain is a New York-based alternative investment firm that emphasises business building and growth as it pursues long-term capital appreciation.

-- BERNAMA

No comments:

Post a Comment