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New Mountain Finance refreshes board with director transition

Story Highlights
  • Longtime independent director Alfred F. Hurley Jr. retired from New Mountain Finance’s board on January 15, 2026.
  • The board appointed veteran finance executive John P. Malfettone to fill the seat and join all key committees, reinforcing governance depth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
New Mountain Finance refreshes board with director transition

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New Mountain Finance ( (NMFC) ) has shared an announcement.

On January 15, 2026, New Mountain Finance Corporation announced the retirement of long-serving independent director Alfred F. Hurley Jr., who had sat on the board since 2010 and was credited by the chairman with providing high-quality strategic, market and financial guidance to the firm’s debt-focused investment business. To fill the vacancy, the board appointed veteran private equity and corporate finance executive John P. Malfettone as a director effective the same day, adding him to all key board committees and drawing on his extensive experience at firms including Clayton, Dubilier & Rice, Oak Hill Capital Partners and GE, as well as his existing roles within New Mountain affiliates, signaling continuity and depth in the company’s governance and oversight of its credit investing activities.

The most recent analyst rating on (NMFC) stock is a Sell with a $9.00 price target. To see the full list of analyst forecasts on New Mountain Finance stock, see the NMFC Stock Forecast page.

Spark’s Take on NMFC Stock

According to Spark, TipRanks’ AI Analyst, NMFC is a Neutral.

New Mountain Finance’s overall stock score reflects a strong financial foundation and attractive valuation, which are the most significant factors. However, technical analysis indicates bearish momentum, and the earnings call highlighted both strategic strengths and notable challenges. The stock offers a high dividend yield and trades at a discount, appealing to value and income investors, but caution is advised due to current market trends and portfolio risks.

To see Spark’s full report on NMFC stock, click here.

More about New Mountain Finance

Average Trading Volume: 662,056

Technical Sentiment Signal: Buy

Current Market Cap: $952.1M

Find detailed analytics on NMFC stock on TipRanks’ Stock Analysis page.

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