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Evan Carruthers

Managing Partner, Chief Executive Officer & Chief Investment Officer

Corporate headshot of Evan Carruthers

Mr. Carruthers is Managing Partner, Chief Executive Officer and Chief Investment Officer of global alternative investment firm Castlelake, having co-founded the firm with Rory O’Neill in 2005. Mr. Carruthers is responsible for Castlelake’s overall strategy, including all investment and operational activities, as well as guiding the firm’s mission, culture and investment approach. Mr. Carruthers also serves as chair of Castlelake’s Executive Committee and Investment Review Committee. 

Mr. Carruthers has deep asset-based investment expertise, spanning back to the year 2000. His investment leadership has contributed to Castlelake’s investment in approximately 70 countries across multiple industries and hundreds of transactions. 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 CVI, 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 of Five Point Holdings, LLC, one of the largest owners and developers of mixed-use, master-planned communities in coastal California. Mr. Carruthers also serves in leadership roles at various nonprofit organizations focused on wildlife conservancy, including the Board of Directors of the Bonefish and Tarpon Trust, Guides Trust Foundation, and Pheasants Forever. He is also the treasurer of the Minnesota Orchestra.