# Teddy Kaplan

> Teddy Kaplan is a New York-based investment executive who leads New Mountain Capital's net lease strategy and serves as president, chief executive officer, and trustee of New Mountain Net Lease Trust. He joined New Mountain in 2016 after net lease roles at W. P. Carey and Angelo Gordon.

- **Role:** President, Chief Executive Officer, and Trustee at New Mountain Net Lease Trust; Managing Director and President & CEO (Net Lease) at New Mountain Capital
- **Organizations:** New Mountain Capital, New Mountain Net Lease Trust, Angelo Gordon, W. P. Carey, Meyer, Duffy & Associates, Brown Brothers Harriman
- **Education:** B.S., concentration in Finance, University of Virginia, McIntire School of Commerce, M.B.A., Columbia Business School
- **Known for:** Co-managed Angelo Gordon's first two net lease funds, with combined committed equity capital of approximately $720 million., Built New Mountain's net lease strategy following his 2016 appointment., New Mountain's current biography credits him with originating, underwriting, and financing more than $7 billion in net lease and other real estate transactions since 2003.

## Career timeline

- **Before 2003** — Worked in corporate and financial sponsors banking at Brown Brothers Harriman and private equity investing at Meyer, Duffy & Associates; exact dates are unspecified.
- **2003-2006** — Led net lease origination, underwriting, and financing at W. P. Carey.
- **2006-2015** — Helped form and manage Angelo Gordon's net lease funds; co-managed the first two.
- **2016** — Joined New Mountain Capital to lead its net lease real estate business.
- **2019** — New Mountain's first net lease fund closed with $533 million in equity commitments.
- **2023** — New Mountain's second net lease fund closed with $825 million in equity commitments.
- **2024-08** — Became president and CEO of NEWLEASE at its formation.
- **2024-12** — Became a NEWLEASE trustee.

## Achievements

- Co-managed Angelo Gordon's first two net lease funds, with combined committed equity capital of approximately $720 million.
- Built New Mountain's net lease strategy following his 2016 appointment.
- New Mountain's current biography credits him with originating, underwriting, and financing more than $7 billion in net lease and other real estate transactions since 2003.

## Latest updates

- **2026-07** — Signed the CEO certification accompanying NEWLEASE's quarterly report for the period ended June 30, 2026, dated July 30.
- **2026-05** — Appeared on Sean Hostert's Net Lease Observer podcast on May 28 to discuss industrial manufacturing, platform infrastructure, and the evolution of net lease.
- **2025-12** — New Mountain announced its inaugural net lease ABS issuance, NMNL 2025-1, totaling $493.4 million, with Kaplan commenting on the milestone.

## Links

- Website: https://www.newmountaincapital.com/team/teddy-kaplan/
- LinkedIn: https://www.linkedin.com/in/teddykaplan

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Profile page: https://yespress.io/teddy-kaplan
Published by YesPress — https://yespress.io
Last updated: 2026-10-09