Castlelake

Profile

Castlelake is a global alternative investment firm based in Minneapolis, USA, with approximately $40 billion in assets under management. Established in 2005, the firm specializes in asset-based investing with a focus on liquidity provision in asset-based opportunities. The team at Castlelake consists of experienced investors known for their cycle-tested asset expertise and relationship-oriented approach, making them a distinguished player in the global investment arena.

The firm targets cash-flowing opportunities, particularly in the world's largest asset-based markets. They derive value from hard or financial assets by providing creative capital solutions, leveraging 20 years of experience in asset-based private markets. They invest across various asset classes without being confined to a specific industry sector and employ a robust risk management framework to ensure downside protection for their investments.

Notable investments include partnerships with Upstart Holdings - AI lending marketplace, and a strategic joint venture with Redwood Trust to purchase up to $8 billion of prime jumbo mortgage loans. Castlelake has been involved in significant securitization efforts, such as the $261.3M residential transition loan securitization, further illustrating their expertise in the asset-based markets.