Steven Klinsky is the founder and CEO of New Mountain Capital, a private equity firm that manages over $50 billion in assets and focuses on high-growth, non-cyclical businesses. Before founding his firm in 1999, he was a pioneer in the industry at Goldman Sachs and a general partner at Forstmann Little, where he helped develop the strategy of business-building over financial engineering. Klinsky is also a major figure in education reform, having established the Modern States Education Alliance, which provides free college-level courses and credit to hundreds of thousands of students globally.

Holden Spaht, managing partner at Thoma Bravo, is a leading figure in private equity with a focus on software and technology investments. Since joining the firm in 2005, he has played a key role in building Thoma Bravo into one of the world’s largest and most successful software-focused buyout firms, managing over $130 billion in assets. Spaht has overseen major deals across enterprise software, cybersecurity, and fintech, earning a reputation for his disciplined investment approach and ability to scale technology businesses.