Steven Kaplan is an American businessman and co-founder of

Oaktree Capital Management Oaktree Capital Management is an American global asset management firm specializing in alternative investment strategies. As of March 31, 2022, the company managed $164 billion for its clientele. The firm was co-founded in 1995 by a group that ...

, minority owner of the NBA's

Memphis Grizzlies The Memphis Grizzlies (referred to locally as the Grizz) are an American professional basketball team based in Memphis, Tennessee. The Grizzlies compete in the National Basketball Association (NBA) as a member of the league's Western Conference ...

,Minneapolis / St. Paul Business Journal: "Who is Steve Kaplan, the man who wants to buy into the Timberwolves?" By Nick Halter
November 13, 2015 and co-owner of Welsh football club Swansea City.

Biography

Kaplan was born to a

Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...

family. He graduated with a J.D. from

New York University School of Law New York University School of Law (NYU Law) is the law school of New York University, a private research university in New York City. Established in 1835, it is the oldest law school in New York City and the oldest surviving law school in N ...

. He and

Howard Marks Dennis Howard Marks (13 August 1945 – 10 April 2016) was a Welsh drug smuggler and author who achieved notoriety as an international cannabis smuggler through high-profile court cases. At his peak he claimed to have been smuggling consignmen ...

Bruce Karsh Bruce Karsh (born October 10, 1955) is an American investor and former lawyer. In the early 1980s he was an appellate clerk to former Supreme Court of the United States justice Anthony M. Kennedy, and later worked at O'Melveny & Myers, Sun ...

, Larry Keele, Richard Masson, and Sheldon Stone co-founded Oaktree Capital Management. In 2012, Kaplan purchased a minority stake in the NBA's

as part of a group led by

Robert Pera Robert J. Pera (born March 10, 1978) is the founder of Ubiquiti Networks, Inc. a global communications technology company that Pera took public in 2011. In October 2012, Pera also became the owner of the Memphis Grizzlies of the National Basketb ...

along with Daniel E. Straus as a minority investor. Kaplan became co-owner of

English Premier League The Premier League (legal name: The Football Association Premier League Limited) is the highest level of the men's English football league system. Contested by 20 clubs, it operates on a system of promotion and relegation with the English Foo ...

Welsh football club Swansea City alongside Jason Levien in July 2016. The club were

relegated In sports leagues, promotion and relegation is a process where teams are transferred between multiple divisions based on their performance for the completed season. Leagues that use promotion and relegation systems are often called open leagues. ...

at the end of the 2017–18 season.

References

Year of birth missing (living people) Living people American financial company founders Jewish American sportspeople 21st-century American Jews {{US-basketball-bio-stub