Steven Kaplan (investor)

Last updated
Steve Kaplan
EducationJ.D. New York University School of Law
Known forCo-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. [1] 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] [1]

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]

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References

  1. 1 2 3 Minneapolis / St. Paul Business Journal: "Who is Steve Kaplan, the man who wants to buy into the Timberwolves?" By Nick Halter November 13, 2015
  2. Atlanta Jewish Times: "Jewish Investor Buying Hawks" by David R. Cohen April 29, 2015
  3. "The Oaktree story". Los Angeles: Oaktree Capital Management. Archived from the original on 2010-05-01. Retrieved 2010-05-12.
  4. Wall Street Journal: "Oaktree’s Kaplan Sinks His Teeth Into Memphis Grizzlies" by Laura Kreutzer November 2, 2012
  5. "Steve Kaplan and Jason Levien: Meet Swansea City's US Owners". BBC Sport. Retrieved 11 March 2019.
  6. "Swansea City 1–2 Stoke City". BBC Sport. 13 May 2018. Retrieved 11 March 2019.