Stephen Kaplan is an American businessman and co-founder of Oaktree Capital Management, a minority owner of the NBA's Memphis Grizzlies,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 former co-owner of Welsh football club Swansea City.
Biography Kaplan was born to a Jewish family.Atlanta Jewish Times: "Jewish Investor Buying Hawks" by David R. Cohen April 29, 2015 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.
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.Wall Street Journal: "Oaktree’s Kaplan Sinks His Teeth Into Memphis Grizzlies" by Laura Kreutzer November 2, 2012
Kaplan became co-owner of English Premier League Welsh football club Swansea City alongside Jason Levien in July 2016. The club was relegated at the end of the 2017–18 season. In November 2024 it was announced that Levien along with Steve Kaplan were selling their shares within the club.
Kaplan is also the Co-Chairman of DC United a soccer club he invested in in 2018 and is a member of the MLS Board of Governors.
References
https://www.dcunited.com/news/dc-united-announce-consolidation-ownership