Teddy Kaplan, Managing Director, joined New Mountain in 2016 to add net lease and other yield-oriented real estate products to its range of credit and yield offerings. Prior to joining New Mountain, he was Managing Director of Angelo, Gordon & Co., where he was instrumental in the formation and management of Angelo, Gordon’s net lease real estate funds from 2006 to 2015. Mr. Kaplan was Co-Manager of Angelo Gordon's first two net lease funds, with combined committed equity capital of approximately $720 million. He served on the investment committees of all Angelo Gordon net lease funds, including the firm's third net lease fund, which had committed equity capital in excess of $1 billion.
Prior to that, he was with W. P. Carey Inc. from 2003 to 2006, where he led the origination, underwriting, and financing of net lease real estate investments in a wide range of industries. Since 2003, Mr. Kaplan has originated, underwritten, and financed over $2 billion in net lease and other real estate transactions.
Mr. Kaplan previously worked at Meyer, Duffy & Associates making private equity investments in growth and early stage companies and at Brown Brothers Harriman in corporate and financial sponsors banking.
Mr. Kaplan received his B.S. from the McIntire School of Commerce at the University of Virginia with a concentration in Finance in 1996 and his M.B.A. from Columbia Business School in 2003.