The heat in private equity has created opportunities for alternative investors that can help PE investors rationalize their balance sheets.
That’s kept Teddy Kaplan and his team at New Mountain Capital busy in recent months. In the first half of 2021, they have invested $287 million in six different sale-leaseback arrangements covering 1.7 million square feet of industrial and life-science properties.
The firm owns about 14 million square feet through two different funds. The first is part of New Mountain’s public equity company, New Mountain Finance Corporation, and the other . . .
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