Simpson Thacher advised New Mountain Capital in the formation and raising of New Mountain Net Lease Partners II, L.P. (“NMNLP II”). NMNLP II closed at $825 million in capital commitments, including the capital commitment from New Mountain and its professionals, substantially exceeding its initial fundraising goal of $750 million.~~New Mountain Capital is a New York-based alternative investment firm that emphasizes business building and growth. The firm currently manages private equity, credit and net lease real estate funds with over $40 billion in assets under management as of March 31, 2023.~~The Simpson Thacher team advising on NMNLP II included David Greene, Matthew Leighton, Lawton Salley and Thomas Boland (Funds); Andrew Purcell, Adam Hersch and Shareef Salfity (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).