DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Castlelake, L.P.

Asset manager (funds and pooled vehicles)Minneapolis, MinnesotaCRD 145165SEC 801-72310websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Mar 23, 2012 · 39 filings
SEC status approved since Jun 7, 2011
RAUM
$35B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$35B
derived; firm RAUM over IAPD count
Employees
251
98 advisory (5.B.1)
Offices
8
beyond the principal office
Private funds
46
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$35B as of Mar 27, 2026
Mar 23, 2012$2.2B then
HNW client RAUM: $0
State-registered IARs (5.B.3)0 as of Mar 27, 2026
Mar 25, 20130 then
Employees (5.A)251 as of Mar 27, 2026
Mar 25, 201344 then
Private funds46 as of Mar 27, 2026
Mar 23, 201210 then
RAUM +23% over the last fiscal year+13% a year over threeIARs 0 to 0offices 6 to 8
Practice profile
derived from the filing of Mar 27, 2026; every figure names its basis
Archetypes, each a printed rule
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$35BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$706MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
251.0derivedItem 5.A over advisors
Advisors per office
0.1derived9 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$32B, 44 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$35B100%
  • Insurance companies$100M0.3%
  • Corporations and businesses$51.7M0.1%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
50reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$32B for 44 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.99 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Alan Bradley GearingMinneapolis, Mn May 18, 201821 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      47 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Castlelake V, L.P.Private Equity Fund$4.5B93Mar 29, 2018
      Castlelake Aviation IV Stable Yield, L.P.Hedge Fund$4.2B33Mar 31, 2020
      Castlelake Aviation III Stable Yield, L.P.Hedge Fund$3.0B40Mar 28, 2017
      Castlelake IV, L.P.Private Equity Fund$1.6B71Jul 20, 2015
      Castlelake Income Opportunities II, L.P.Private Equity Fund$1.4B36Mar 31, 2022
      Castlelake Opportunistic Asset Solutions Vi, L.P.Private Equity Fund$1.4B22Mar 31, 2023
      Castlelake Aviation V Stable Yield, L.P.Private Equity Fund$1.3B21Mar 28, 2024
      Castlelake Arch Opportunities, L.L.C.Private Equity Fund$1.1B1Mar 30, 2021
      Clgf Holdings, L.P.no longer reportedPrivate Equity Fund$996M1Mar 31, 2020
      Clm Aggregation Fund, L.P.Private Equity Fund$979M2Mar 31, 2023
      Castlelake III, L.P.Private Equity Fund$642M64Jan 9, 2014
      Castlelake Aircraft Structured Trust 2019-1Securitized Asset Fund$576M3Mar 31, 2020
      Castlelake V Dislocated Opportunities, L.P.Private Equity Fund$536M19Mar 30, 2021
      Cl Dal 2.0 Opportunities, LLCPrivate Equity Fund$520M10Mar 30, 2021
      Ac Aviation Finance Opportunities, L.P.Private Equity Fund$502M2Dec 1, 2022
      Castlelake Income Opportunities I B, L.P.Private Equity Fund$471M18Mar 29, 2019
      Castlelake Aircraft Structured Trust 2021-1Securitized Asset Fund$470M10Mar 31, 2022
      Castlelake Secured Aviation Asset LLC 2023-1Securitized Asset Fund$470M2Mar 28, 2024
      Castlelake Aircraft Structured Trust 2018-1Securitized Asset Fund$375M1Mar 29, 2019
      Castlelake Asset-Based Private Credit III Evergreen B, L.P.Private Equity Fund$349M3Mar 28, 2024
      Castlelake Aviation IV Stable Yield Opportunities, L.P.Hedge Fund$304M6Mar 31, 2020
      Castlelake Income Opportunities I A, L.P.Private Equity Fund$244M8Mar 29, 2019
      Castlelake Aircraft Structured Trust 2017-1Securitized Asset Fund$234M3Mar 29, 2018
      Castlelake II, L.P.Private Equity Fund$232M54Mar 23, 2012
      Castlelake Consumer Receivables Opportunity II, L.P.Private Equity Fund$221M6Mar 28, 2024
      Castlelake Aclo Warehouse I, L.P.Private Equity Fund$197M2Dec 1, 2022
      Castlelake Aircraft Securitization Trust 2016-1no longer reportedSecuritized Asset Fund$146M1Aug 31, 2016
      Clg Co-Investment Opportunities, L.P.Private Equity Fund$127M2Mar 28, 2024
      Cl Hermes Opportunities, L.P.Private Equity Fund$94.4M1Mar 31, 2020
      Castlelake Aircraft Securitization Trust 2015-1no longer reportedSecuritized Asset Fund$83.0M1Mar 24, 2016
      Castlelake Asset-Based Private Credit III Evergreen A, L.P.Private Equity Fund$73.8M2Mar 28, 2024
      Cl Qa Opportunities, L.P.Private Equity Fund$69.4M1Mar 31, 2020
      Castlelake Aircraft Securitization Trust 2014-1no longer reportedSecuritized Asset Fund$56.1M6Mar 5, 2014
      As Air Lease 3 (Offshore) LPPrivate Equity Fund$40.7M7Mar 29, 2019
      Hpscp Opportunities, L.P.Private Equity Fund$36.7M4Aug 23, 2013
      Land Opportunities, L.P.Private Equity Fund$24.2M11Aug 23, 2013
      Castlelake Aviation II, L.P.Private Equity Fund$20.2M30Mar 23, 2012
      Castlelake I, L.P.Private Equity Fund$15.0M19Mar 23, 2012
      Castlelake II Opportunities, L.P.Private Equity Fund$14.9M12Mar 23, 2012
      Castlelake Consumer Receivables Opportunity I, L.P.no longer reportedPrivate Equity Fund$13.4M11Mar 31, 2022
      All funds of Castlelake, L.P.
      Owners and control persons
      Schedule A and B, latest filing
      • Andrew Evan Carruthers · Chief Executive Officer, Chief Investment Officercontrol
        since 08/2005 · owns less than 5%
      • Lee Brad Farrell · Chief Operating Officercontrol
        since 12/2019 · owns less than 5%
      • Yen-Wah Lam · President; Chief People Officercontrol
        since 05/2023 · owns less than 5%
      • Joseph Daniel Mcnally · General Counselcontrol
        since 04/2020 · owns less than 5%
      • Joseph Rory O'Neill · Executive Chaircontrol
        since 08/2005 · owns less than 5%
      • Rose Maria Romolo · Chief Compliance Officer & Managing Counselcontrol
        since 12/2021 · owns less than 5%
      • Andrew Evan Carruthers · Board Membercontrol
        since 09/2024 · owns F of Castlelake Group Gp, LLC
      • Andrew Evan Carruthers · Trusteecontrol
        since 09/2013 · owns F of The Bevaring Revocable Trust
      • Yen-Wah Lam · Board Membercontrol
        since 09/2024 · owns F of Castlelake Group Gp, LLC
      • William Alexander Craig Noble · Board Membercontrol
        since 09/2024 · owns F of Castlelake Group Gp, LLC
      • Joseph Rory O'Neill · Board Membercontrol
        since 09/2024 · owns F of Castlelake Group Gp, LLC
      • Joseph Rory O'Neill · Trusteecontrol
        since 03/2006 · owns F of The Rory O'Neill Revocable Trust
      • Sachin Shah · Board Membercontrol
        since 09/2024 · owns F of Castlelake Group Gp, LLC
      Entity owners
      • Ro Management, LLC · General Partner
        direct · owns less than 5%
      • Ro Management, LP · Limited Partner
        direct · owns 75% or more
      • Brookfield Asset Management Ltd. · Shareholder
        indirect · owns 25% to 50% of Brookfield Asset Management Ulc · public reporting company
      • Brookfield Asset Management Ulc · Shareholder
        indirect · owns 75% or more of Brookfield US Holdings, Inc.
      • Brookfield Cl Holdings, LLC · Limited Partner
        indirect · owns 25% to 50% of Castlelake Group Topco, L.P.
      • Brookfield Corporation · Shareholder
        indirect · owns 50% to 75% of Brookfield Asset Management Ulc
      • Brookfield US Holdings, Inc. · Shareholder
        indirect · owns 75% or more of Brookfield US Inc.
      • Brookfield US Inc. · Shareholder
        indirect · owns 75% or more of Brookfield Cl Holdings, LLC
      • Castlelake Group Gp, LLC · General Partner
        indirect · owns F of Castlelake Group Holdings, L.P.
      • Castlelake Group Gp, LLC · General Partner
        indirect · owns F of Castlelake Group Topco, L.P.
      • Castlelake Group Holdings, L.P. · Limited Partner
        indirect · owns 50% to 75% of Castlelake Group Topco, L.P.
      • Castlelake Group Topco, L.P. · Member
        indirect · owns F of Ro Management, LLC
      • Castlelake Group Topco, L.P. · Limited Partner
        indirect · owns 75% or more of Ro Management, LP
      • Castlelake Management Aggregator, LLC · Limited Partner
        indirect · owns 75% or more of Castlelake Group Gp, LLC
      • Ro Management, LLC · General Partner
        indirect · owns F of Ro Management, LP
      • The Bevaring Revocable Trust · Limited Partner
        indirect · owns 25% to 50% of Castlelake Group Holdings, L.P.
      • The Rory O'Neill Revocable Trust · Limited Partner
        indirect · owns 75% or more of Castlelake Management Aggregator, LLC
      • The Rory O'Neill Revocable Trust · Limited Partner
        indirect · owns 25% to 50% of Castlelake Group Holdings, L.P.
      Related persons
      Schedule D 7.A
      • Ac Aviation Finance Opportunities Gp, Ltd.
        pooled vehicle sponsorn
      • Castlelake (Uk) Llp
        investment advisern
      • Castlelake Asset-Based Private Credit III Evergreen Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Aviation II Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Aviation III Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Aviation III Stable Yield Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Aviation IV Opportunities - Stable Yield Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Aviation IV Stable Yield Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Aviation V Stable Yield Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Consumer Receivables Opportunity II Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake I Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake II Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake III Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Income Opportunities Gp, Ltd.
        pooled vehicle sponsorn
      • Castlelake Income Opportunities I Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Income Opportunities II Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake IV Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Lending Opportunities, LLC
        pooled vehicle sponsorn
      • Castlelake V Dislocated Opportunities Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake V Gp, L.P.
        pooled vehicle sponsorn
      • Castlelake Vi Gp, L.P.
        pooled vehicle sponsorn
      • Cl Hermes Opportunities Gp, L.P.
        pooled vehicle sponsorn
      • Cl V Investments USA, LLC
        pooled vehicle sponsorn
      • Clake Holdings LLC 2023-1
        pooled vehicle sponsorn
      • Clg Co-Investment Opportunities Gp, L.P.
        pooled vehicle sponsorn
      • Clm Aggregation Fund Gp, L.P.
        pooled vehicle sponsorn
      • Land Opportunities Gp, L.P.
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • London, United Kingdom23 employees
      • New York, NY18 employees
      • Dublin, Ireland11 employees
      • Singapore, Singapore3 employees
      • Dallas, TX2 employees
      • Madrid, Spain2 employees
      What changed
      consecutive filings, newest first
      • Accounts · 43 to 50
        Apr 2, 2025 to Mar 27, 2026
      • Advisory employees · 82 to 98
        Apr 2, 2025 to Mar 27, 2026
      • Corporate clients · 0 to 2
        Apr 2, 2025 to Mar 27, 2026
      • Pooled vehicle clients · 40 to 46
        Apr 2, 2025 to Mar 27, 2026
      • Assets in custody · $28B to $32B
        Apr 2, 2025 to Mar 27, 2026
      • Employees · 222 to 251
        Apr 2, 2025 to Mar 27, 2026
      • Other offices · 6 to 8
        Apr 2, 2025 to Mar 27, 2026
      • Private funds · 40 to 46
        Apr 2, 2025 to Mar 27, 2026
      • Discretionary RAUM · $29B to $35B
        Apr 2, 2025 to Mar 27, 2026
      • HNW RAUM · unset to 0.0
        Apr 2, 2025 to Mar 27, 2026
      • Individual RAUM · unset to 0.0
        Apr 2, 2025 to Mar 27, 2026
      • Pooled vehicle RAUM · $29B to $35B
        Apr 2, 2025 to Mar 27, 2026
      • RAUM · $29B to $35B
        Apr 2, 2025 to Mar 27, 2026
      • Accounts · 37 to 43
        Oct 23, 2024 to Apr 2, 2025
      • Advisory employees · 80 to 82
        Oct 23, 2024 to Apr 2, 2025
      • Advisory activities · 1 to 2
        Oct 23, 2024 to Apr 2, 2025
      • Pooled vehicle clients · 37 to 40
        Oct 23, 2024 to Apr 2, 2025
      • Assets in custody · $25B to $28B
        Oct 23, 2024 to Apr 2, 2025
      • Employees · 224 to 222
        Oct 23, 2024 to Apr 2, 2025
      • Financial planning clients · 0 to
        Oct 23, 2024 to Apr 2, 2025
      • Private funds · 37 to 40
        Oct 23, 2024 to Apr 2, 2025
      • Discretionary RAUM · $26B to $29B
        Oct 23, 2024 to Apr 2, 2025
      • Pooled vehicle RAUM · $26B to $29B
        Oct 23, 2024 to Apr 2, 2025
      • RAUM · $26B to $29B
        Oct 23, 2024 to Apr 2, 2025
      • Accounts · 34 to 37
        Mar 31, 2023 to Mar 28, 2024
      • Advisory employees · 88 to 80
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 34 to 37
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $23B to $25B
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 231 to 224
        Mar 31, 2023 to Mar 28, 2024
      • Other offices · 7 to 6
        Mar 31, 2023 to Mar 28, 2024
      • Private funds · 34 to 37
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $25B to $26B
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $25B to $26B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $25B to $26B
        Mar 31, 2023 to Mar 28, 2024
      • Accounts · 33 to 34
        Dec 1, 2022 to Mar 31, 2023
      • Advisory employees · 98 to 88
        Dec 1, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 33 to 34
        Dec 1, 2022 to Mar 31, 2023
      • Assets in custody · $22B to $23B
        Dec 1, 2022 to Mar 31, 2023
      • Employees · 211 to 231
        Dec 1, 2022 to Mar 31, 2023
      • Other offices · 5 to 7
        Dec 1, 2022 to Mar 31, 2023
      Signals
      10 dated events
      • Sachin Shah (Board Member) appeared on Schedule A of Castlelake, L.P.
        Oct 23, 2024 · Control person joined · fact
      • William Alexander Craig Noble (Board Member) appeared on Schedule A of Castlelake, L.P.
        Oct 17, 2024 · Control person joined · fact
      • Yen-Wah Lam (President; Chief People Officer) appeared on Schedule A of Castlelake, L.P.
        Mar 28, 2024 · Control person joined · fact
      • Rose Maria Romolo (Chief Compliance Officer & Managing Counsel) appeared on Schedule A of Castlelake, L.P.
        Dec 13, 2021 · Control person joined · fact
      • James Kevin Hiniker (Chief Compliance Officer & Special Counsel) no longer on Schedule A of Castlelake, L.P. (listed 2021-11-02, absent 2021-12-13)
        Dec 13, 2021 · Control person left · inference
      • Hughes Peter Glerum (President) no longer on Schedule A of Castlelake, L.P. (listed 2021-11-02, absent 2021-12-13)
        Dec 13, 2021 · Control person left · inference
      • Joseph Daniel Mcnally (General Counsel) appeared on Schedule A of Castlelake, L.P.
        Jan 29, 2021 · Control person joined · fact
      • Lee Brad Farrell (Chief Financial Officer) appeared on Schedule A of Castlelake, L.P.
        Mar 31, 2020 · Control person joined · fact
      • James David Parrin (Chief Administrative Officer) no longer on Schedule A of Castlelake, L.P. (listed 2019-09-10, absent 2020-03-31)
        Mar 31, 2020 · Control person left · inference
      • Castlelake, L.P. reported RAUM $14.9B, up 55% from $9.6B (2017-04-20 to 2018-03-29)
        Mar 29, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      LINKEDIN.COM/COMPANY/86161reportedpublic record, Form ADV, Sep 17, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/107669329reportedpublic record, Form ADV, Sep 17, 2026
      Website
      CASTLELAKE.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      612-851-3000reportedpublic record, Form ADV, Mar 27, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      $35Bderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026