Castlelake, a global alternative investment firm specializing in asset-based private credit, appointed Luke Jackson and Betsy Sylvester to partner.
Jackson joined Castlelake in 2019 and leads the firm’s residential mortgage finance investment activities. In this role, he focuses on guiding the investment team and originating and executing Castlelake’s residential mortgage finance investment strategy globally, including residential transitional loans, non-qualified mortgages, prime jumbo loans, mortgage servicing rights and small-balance multifamily loans. Previously, Jackson served on Castlelake’s specialty finance team, where he originated new investment opportunities and helped establish and expand the firm’s residential mortgage finance team and strategy. As partner, residential mortgage finance, Jackson will continue to lead the development and expansion of Castlelake’s residential mortgage finance strategy.
Sylvester also joined Castlelake in 2019 and leads client management. In this role, she directs the firm’s global client management strategy and activities, including fund and strategic partnership formation and investor relations. Prior to joining Castlelake, Sylvester held client advisory and private wealth roles in the investment management and investment banking industries, and began her career in the nonprofit sector. As partner, capital formation, Sylvester will continue to focus on ensuring the delivery of Castlelake’s high-quality client experience and supporting strategic relationships defined by creative, tailored solutions.
“Luke and Betsy have each made meaningful contributions to Castlelake’s growth and evolution, bringing deep expertise, strong judgment and a collaborative approach to their respective areas of leadership,” Yen-Wah Lam, president and chief people officer of Castlelake, said. “Luke has played a key role in building and scaling our residential mortgage finance strategy, while Betsy’s leadership has been instrumental in strengthening our global client management capabilities and deepening relationships with investors. We are pleased to recognize their accomplishments and look forward to their continued impact as partners.”
Evan Carruthers, managing partner, chief investment officer and CEO of Castlelake, added, “In addition to their individual merits, Luke and Betsy’s appointments reflect Castlelake’s enduring commitment to cultivating long-term leadership and elevating those team members whose contributions advance Castlelake’s strategic plan while strengthening its culture. The path to partnership at Castlelake represents a robust and rewarding way to ensure our firm’s future and its ability to provide differentiated value to our stakeholders.”
