New Mountain headquarters at 712 Fifth Ave. Headquartered in Midtown Manhattan, New Mountain plans to create “highly attractive and risk controlled yield opportunities” for its investors.

NEW YORK CITY—Asset management firm New Mountain Capital LLC is branching out into net lease and has hired Teddy Kaplan, formerly of Angelo, Gordon & Co., to lead the charge. In doing so, New Mountain intends to tap into net lease’s potential for non-cyclical cash yields.

“We believe Teddy Kaplan is one of the top net lease experts in the industry, and that he will be able to help create highly attractive and risk controlled yield opportunities for New Mountain’s investors,” says Steve Klinsky, New Mountain’s founder and CEO. “We are very pleased he has agreed to join our team, and to help build this important investment area.”


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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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