New Mountain Vantage Advisors has launched its US equity long/short fund on the MontLake UCITS platform. MontLake provides investors with access to a range of liquid, transparent and regulated investment products domiciled in Dublin.
New Mountain Vantage is an affiliate of New Mountain Capital (NMC) a New York-based asset management firm with aggregate assets under management totalling more than USD15 billion.
New Mountain Vantage, founded in 2006, currently manages approximately USD2.9 billion across US long/short and benchmarked/long-only funds. The investment strategy is predominantly focused on bottom-up research, concentrating on mid and large-cap US companies.
The New Mountain Vantage team has significant experience in sourcing attractive investment opportunities through deep fundamental research in “defensive growth” areas of the economy. The team is supported by the broader NMC organisation founded by Steven Klinsky in 1999. NMC’s underlying industry knowledge and substantial institutional infrastructure provides differentiated idea-sourcing capabilities and creates a competitive edge.
Dan Riley, Portfolio Manager of New Mountain Vantage, says: “We are delighted to offer UCITS investors the opportunity to access our US equity long/short strategy. We believe our investment approach is well suited to the UCITS structure and look forward to working with investors in the region.”
Cyril Delamare (pictured), CEO of ML Capital, says: “We are thrilled to be partnering with New Mountain Vantage. Their unique investment process coupled with a strong track record with US equities makes them appealing as a diversifier from an investor’s point of view. There is currently a limited selection of quality US long/short equity strategies in UCITS and our investor base welcomes the new entrant. The New Mountain Vantage Fund is a great addition to the UCITS universe and we look forward to growing this product.”
