Castlelake expands lending team

Castlelake has expanded its lending team. Wilhelm Steinmark, European Head of Aviation Lending, Direct Structured Credit & Capital Markets; Fouad Onbargi, Managing Director, Direct Structured Credit; Chris Turner, Director, Direct Structured Credit & Capital Markets; Brian Banschick, Director, Direct Structured Credit and Ricardo De Armas, Director, Direct Structured Credit. The team is led by Armin Rothauser, Head of Lending, who joined Castlelake in 2020. In November 2020, Castlelake established its Lending team to address what Castlelake saw as a systemic lack of financing capacity for the aviation sector. Since that time, the team has provided more than $3 billion of