Evan Carruthers co-founded Castlelake in 2005, in partnership with CEO and managing partner, Rory O’Neill. As chief investment officer and managing partner, Mr. Carruthers is responsible for the firm’s global investment strategy and activities across all asset classes, guiding the firm’s relationship-driven approach, and overseeing all investment teams at Castlelake. Mr. Carruthers is also a voting member of Castlelake’s Investment Review Committee.
Mr. Carruthers has deep sector expertise, spanning back to the year 2000. Under his guidance, Castlelake has invested capital in more than 59 countries across multiple industries. Mr. Carruthers has been instrumental in the development of the firm’s asset- and credit-based investment activities, including the development of its differentiated aviation platform.
Prior to co-founding Castlelake, Mr. Carruthers was an investment manager with Cargill Value Investment (CVI, now CarVal Investors), responsible for corporate and asset-based investments in North America and the development of Cargill’s global aircraft investing business. Prior to joining CVI, Mr. Carruthers worked in several capacities at Piper Jaffray. Mr. Carruthers received his B.A. from the University of St. Thomas in business administration, with a specialty in finance. Mr. Carruthers sits on the Board of Directors for each of Castlelake’s aircraft securitizations. He also sits on the Board of Directors of publicly listed companies Five Point Holdings, LLC, the largest owner and developer of mixed-use, master-planned communities in coastal California, and Aedas Homes, S.A.U., one of the largest homebuilders in Spain.