Location Minneapolis, Minnesota, United States Regions Greater Minneapolis-Saint Paul Area, Great Lakes, Midwestern US Gender Male
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Evan Carruthers co-founded Castlelake in 2005, in partnership with CEO and managing partner, Rory O’Neill. As managing partner, Mr. Carruthers is responsible for the firm’s global investment activities across all asset classes, guiding the firm’s relationship-driven approach, and leading 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. Mr. Carruthers has invested capital in more than 40 countries across multiple industries and has been instrumental in the development of the firm’s asset- and credit-based investment activities. Prior to co-founding Castlelake, Mr. Carruthers was an investment manager with Cargill Value Investment (CVI, now CarVal Investors), where he was responsible for corporate and asset-based investments in North America and was instrumental in the development of Cargill’s global aircraft investing business. Prior to joining CVI, Mr. Carruthers was with Piper Jaffray, a Minneapolis-based investment banking firm, in several capacities. Mr. Carruthers received his B.A. from the University of St. Thomas in Business Administration, with a specialty in finance. Mr. Carruthers serves as director on the boards of multiple organizations in the real estate and aviation sectors.

