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Castlelake, L.P.

● SEC registered since 2011CRD 145165SEC# 801-72310Minneapolis, MN
Export (members)
Ranks #375 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$35.29B
Fund GAV
$35.07B
Private funds
46
Employees
251
Accounts
50
Location
Minneapolis, MN

Castlelake, L.P. assets under management

Castlelake, L.P. is an investment advisory firm registered with the SEC based in Minneapolis, MN. The firm has been registered since 2011. It reports $35.3 billion in regulatory assets under management and employs 251 people. Castlelake, L.P. manages 46 private funds with combined gross assets of $35.1 billion, including Castlelake Asset-Based Private Credit III, L.P. By regulatory assets, it ranks 375 of 6,004 private fund managers.

Castlelake, L.P. private funds

46 funds · $35.07B GAV
FundTypeGross assetsMin.
Castlelake Asset-Based Private Credit III, L.P.Private Equity$4.9B$10M
Castlelake Aviation IV Stable Yield, L.P.Hedge$3.45B$10M
Castlelake Aviation V Stable Yield, L.P.Private Equity$3.4B$10M
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Castlelake, L.P. owners & executives

34 reported
NameTitleOwnershipSince
Brad Lee Farrell ControlChief Operating OfficerUnder 5%2019
Daniel Joseph McNally ControlGeneral CounselUnder 5%2020
Evan Andrew Carruthers ControlChief Executive Officer, Chief Investment OfficerUnder 5%2005
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Frequently asked questions

How much does Castlelake, L.P. manage?

Castlelake, L.P. reports $35.3 billion in regulatory assets under management on its Form ADV.

How many private funds does Castlelake, L.P. manage?

Castlelake, L.P. manages 46 private funds with combined gross assets of $35.1 billion.

How many employees does Castlelake, L.P. have?

Castlelake, L.P. reports 251 employees.

Where is Castlelake, L.P. located?

Castlelake, L.P. is based in Minneapolis, MN and has been SEC-registered since 2011.

Does Castlelake, L.P. disclose fund performance?

Castlelake, L.P. is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address250 Nicollet Mall, Suite 900, Minneapolis, MN 55401-7546
Phone612-851-3000
Fax612-851-3001
Office hours8a.m. - 5p.m.
SEC regionChicago Regional Office (CHRO)
Umbrella registrationYes
Discloses disciplinary historyNo

Regulatory AUM

$35.29B▲ 23%
Mar '25 — $28.78BApr '25 — $28.78BMay '25 — $28.78BJun '25 — $28.78BJul '25 — $28.78BAug '25 — $28.78BSep '25 — $28.78BOct '25 — $28.78BNov '25 — $28.78BDec '25 — $28.78BJan '26 — $28.78BFeb '26 — $28.78BMar '26 — $35.29BApr '26 — $35.29BMay '26 — $35.29BJun '26 — $35.29B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 4%
Larger than 96% of 16,271 advisers
AUM vs fund managersTop 6%
Larger than 94% of 6,004 private-fund managers
Number of fundsTop 4%
More funds than 96% of fund managers
EmployeesTop 3%
More than 97% of 16,825 advisers

Assets under management

$35.29Bregulatory AUM
Discretionary $35.29B

Fund type mix

Private Equity35
Securitized Asset8
Hedge3