DJIA39807.37 47.29
S&P 5005254.35 5.86
NASDAQ16379.46 -20.06
Russell 20002120.20 4.00
German DAX18504.51 29.45
FTSE 1007952.62 20.64
CAC 408205.81 1.00
EuroStoxx 505082.85 0.10
Nikkei 22540369.44 201.37
Hang Seng16541.42 148.58
Shanghai Comp3010.66 17.52
KOSPI2745.82 -9.29
Bloomberg Comm IDX99.49 1.18
WTI Crude-fut87.00 1.32
Brent Crude-fut83.15 1.80
Natural Gas1.76 0.05
Gasoline-fut2.72 0.04
Gold-fut2238.40 26.20
Silver-fut24.92 0.23
Platinum-fut921.10 11.20
Palladium-fut1021.50 26.00
Copper-fut400.70 -0.30
Aluminum-spot1815.00 0.00
Coffee-fut188.85 -1.80
Soybeans-fut1191.50 -1.00
Wheat-fut560.25 12.75
Bitcoin70074.00 -577.00
Ethereum USD3542.16 -21.19
Litecoin103.49 9.23
Dogecoin0.21 0.00
EUR/USD1.0802 0.0007
USD/JPY151.41 0.10
GBP/USD1.2642 0.0011
USD/CHF0.9002 -0.0010
USD IDX104.55 -0.01
US 10-Yr TR4.206 0.01
GER 10-Yr TR2.294 0.002
UK 10-Yr TR3.946 0.01
JAP 10-Yr TR0.732 0.026
Fed Funds5.5 0
SOFR5.33 0.01

Connect Money In Your Inbox.

Sign up to get the most important news on the business of financial services delivered daily.

Sub Markets

Property Sectors

Topics

Alternative Assets  + Real Assets  | 
Alts Manager Castlelake Names Evan Carruthers and Rory O’Neill Co-CEOs

Alts Manager Castlelake Names Evan Carruthers and Rory O’Neill Co-CEOs

Castlelake, an alternative assets manager focused on investments in real assets, specialty finance and aviation, has appointed co-founder and CIO Evan Carruthers as co-CEO.

The move will allow co-founder and CEO Rory O’Neill to step down from his current post in roughly 18 months, when he will move into an executive chairman role. O’Neill and Carruthers co-founded Castlelake in 2005 and the move is part of the roughly $20 billion firm’s broader succession plan.

“Through 17 years of credit cycles, shifting economic environments and transformational geopolitical events, Evan and I have worked together to mold Castlelake into the investor-focused, asset-based specialist that it is today,” said O’Neill.

Along with announcing Carruthers’ promotion, Yen-Wah Lam has been promoted to chief people officer and president. Lam joined Castlelake in 2018 and served as chief human resources and talent officer, responsible for the firm’s talent strategy, diversity, equity and inclusion and operations.

Lam will be responsible for the firm’s human resources, legal and operations teams.

Connect

Inside The Story

Castlelake

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

New call-to-action
New call-to-action