New Mountain Capital to invest in Homrich Berg.

New Mountain Capital, a New York-based investment firm, agreed to invest in Homrich Berg, a national independent wealth management firm. Financial terms were not disclosed. "We see an incredible opportunity for Homrich Berg to continue its strong growth and build on its leading presence in the Southeast. The firm’s commitment to clients is what attracted us to this investment partnership and we are energized to support the firm’s long-term strategic expansion. This is the fourth investment out of our debut Strategic Equity fund and we are looking forward to partnering with Andy and the team on an exciting new platform," Bob Mulcare, New Mountain Managing Director.