New Mountain Finance Corporation (NASDAQ:NMFC) Q2 2023 Earnings Conference Call August 8, 2023 12:00 PM ET

Company Participants

John Kline - President and Chief Executive Officer

Laura Holson - Chief Operating Officer, Chief Financial Officer, and Treasurer

Steve Klinsky - Chairman

Conference Call Participants

Bryce Rowe - B. Riley Securities

Ryan Lynch - Keefe Bruyette & Woods

Operator

Hello and welcome to the New Mountain Finance Corporation’s Second Quarter 2023 Earnings Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

I would like now to turn the conference over to John Kline, president and CEO. Please go ahead.

John Kline

Thank you and good afternoon, everyone. Welcome to New Mountain Finance Corporation’s second quarter 2023 earnings call. On the line with me here today are Steve Klinsky, chairman of NMFC and CEO of New Mountain Capital; Robert Hamwee, Vice Chairman of NMFC; and Laura Holson, COO and Interim CFO of NMFC.

Steve is going to make some introductory remarks. but before he does, I'd like to ask Laura to make some important statements regarding today's call.

Laura Holson

Thanks, John. Good afternoon, everyone. Before we get into the presentation, I would like to advise everyone that today's call and webcast are being recorded. Please note that they are the property of New Mountain Finance Corporation and that any unauthorized broadcast in any form is strictly prohibited. Information about the audio replay of this call is available in our August 2nd earnings press release.

I would also like to call your attention to the customary safe harbor disclosure in our press release and on page 2 of the slide presentation regarding forward-looking statements. Today's conference call and webcast may include forward-looking statements and projections, and we ask that you refer to our most recent filings with the SEC for important factors that could cause actual results to differ materially from those statements and projections. We do not undertake to update our forward-looking statements or projections unless required to by law.

To obtain copies of our latest SEC filings and to access the slide presentation that we will be referencing throughout this call, please visit our website at www.newmountainfinance.com. at this time, I would like to turn the call over to Steve Klinsky, NMFC's Chairman, who will give some highlights beginning on page 4 of the slide presentation. Steve?

Steve Klinsky

Thanks, Laura. It's great to be able to address you all today, both as NMFC's Chairman and as a major fellow shareholder. Adjusted net investment income for the second quarter was $0.39 per share, more than covering our $0.32 per share regular dividend that was paid in cash on June 30th.