Inside Castlelake’s Slow and Steady Succession Plan

Jul 24 2023

by Alicia McElhaney, published in Institutional Investor

The alternatives investment firm is trying to avoid pitfalls its fellow managers have faced.

It’s not always easy to get succession planning right. That’s why alternative investment manager Castlelake spent five years setting up its leadership changes.

Now the firm is ready to make its plans public, and co-founder and CEO Rory O’Neill is taking a step toward retirement — although he’s not moving on just yet.

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