Steven Kaplan (investor) explained

Steve Kaplan
Education:J.D. New York University School of Law
Known For:Co-founder of Oaktree Capital Management
Minority owner of Memphis Grizzlies and Swansea City

Stephen Kaplan is an American businessman and co-founder of Oaktree Capital Management, a minority owner of the NBA's Memphis Grizzlies,[1] and co-owner of Welsh football club Swansea City.

Biography

Kaplan was born to a Jewish family.[2] He graduated with a J.D. from New York University School of Law. He and Howard Marks, Bruce Karsh, Larry Keele, Richard Masson, and Sheldon Stone co-founded Oaktree Capital Management.[3]

In 2012, Kaplan purchased a minority stake in the NBA's Memphis Grizzlies as part of a group led by Robert Pera along with Daniel E. Straus as a minority investor.[4]

Kaplan became co-owner of English Premier League Welsh football club Swansea City alongside Jason Levien in July 2016.[5] The club was relegated at the end of the 2017–18 season.[6]

Notes and References

  1. https://www.bizjournals.com/twincities/blog/sports-business/2015/11/who-is-steve-kaplan-minensota-timberwolves.html Minneapolis / St. Paul Business Journal: "Who is Steve Kaplan, the man who wants to buy into the Timberwolves?" By Nick Halter
  2. http://atlantajewishtimes.timesofisrael.com/jewish-investor-buying-hawks/ Atlanta Jewish Times: "Jewish Investor Buying Hawks" by David R. Cohen
  3. Web site: The Oaktree story . Oaktree Capital Management . . 2010-05-12 . dead . https://web.archive.org/web/20100501194357/http://www.oaktreecapital.com/about/oaktree-story.aspx . 2010-05-01 .
  4. https://blogs.wsj.com/privateequity/2012/11/02/oaktrees-kaplan-sinks-his-teeth-into-memphis-grizzlies/ Wall Street Journal: "Oaktree’s Kaplan Sinks His Teeth Into Memphis Grizzlies" by Laura Kreutzer
  5. News: Steve Kaplan and Jason Levien: Meet Swansea City's US Owners. BBC Sport . 11 March 2019.
  6. News: Swansea City 1–2 Stoke City. BBC Sport. 13 May 2018. 11 March 2019.