Who We Are

Castlelake specializes in complex, asset-rich and cash-flowing opportunities in what we believe to be undercapitalized or inefficient private markets. We apply a differentiated investment approach, investing across the capital structure within three investment strategies: Real Assets, Specialty Finance and Aviation.

Castlelake was founded in 2005 by Rory O’Neill and Evan Carruthers, innovators in alternative investing with nearly five decades of combined experience. In the approximately 17 years since our inception, we have deployed more than $33 billion across 68 countries. Castlelake strives to deliver compelling risk-adjusted returns that we believe are largely non-correlated and downside protected by pairing discipline and consistency with a pioneering mindset and willingness to underwrite complexity. We are motivated by the missions of our limited partners and guided by our core values of inspire trust, win together, honor stakeholders, and innovate & evolve.

Asset-rich investments spanning the risk-return spectrum

Castlelake seeks investments that address a variety of risk-return profiles: deep value through investment grade credit. We believe the combination of this structural flexibility with our deep asset expertise and relationship-based approach provides us with differentiated sourcing and positions us as an efficient capital solutions provider.

Our global team of 250 employees speak 27 languages, including 95 investment professionals. With a presence in three continents and experience across more than 1,200 investments in 68 countries, our experience and scope is truly global in nature.

Flexible liquidity provider in complex opportunities

The Castlelake team prides itself on developing long-term relationships with sellers, buyers and other counterparties that we believe are built on trust, fairness and transparency. We seek out opportunities to act as a flexible liquidity partner in dislocated assets and to attempt to unlock value from complicated situations. This focus on relationships provides us with a strong origination and investment management network that helps facilitate our niche yet global approach.

Our investment team spans six core offices and three continents. In addition to strong origination and investment management partnerships, this global reach provides us with deep local market knowledge that informs granular underwriting and fundamental value analyses.

Our Values

We believe people are our most valuable asset and that investing in employees is integral to our firm’s success. We are dedicated to building a close-knit team of individuals who demonstrate our core values through the work they do every day.

  • Inspire Trust
  • Win Together
  • Honor Stakeholders
  • Innovate & Evolve 

Investing through market cycles

As of March 31, 2022, Castlelake manages assets on behalf of more than 190 institutions and partners globally, including endowments, foundations, public and private pension plans, private funds, family offices, insurance companies and sovereign wealth funds.

Our goal is to deliver attractive performance throughout various economic cycles or market conditions. With a comprehensive capital strategy and experience investing across economic cycles, we believe our team is positioned to harness market disruption, respond to capital competition and continuously discover attractive investment opportunities. 

Castlelake will make Form 20 available to investors at their request.

Interested in joining the Castlelake Team?

We are always on the lookout for motivated and inquisitive individuals who share our core values.