About Us

Led by proven industry veterans, Castlelake Aviation’s team is deeply committed to building long-term relationships and partnering with counterparties to create bespoke solutions. We value thoughtfulness, integrity and humility.

Board of Directors

Joe McConnell

Joe McConnell

Director
Learn about Joe McConnell
Otto Verhoeff

Otto Verhoeff

Director
Learn about Otto Verhoeff
Image of Annemarie Fleming, Director

Annemarie Fleming

Director
Learn about Annemarie Fleming
Robert Murphy

Robert Murphy

Director
Learn about Robert Murphy
Image of Elizabeth Barry, Independent Director

Elizabeth Barry

Independent Director
Learn about Elizabeth Barry
Joe McConnell

Joe McConnell

Director

Mr. McConnell is a Director of the Board. He joined Castlelake, L.P. in 2007 and is co-head of the Aviation and Real Assets teams. He became a partner of Castlelake, L.P. in 2017. Mr. McConnell serves as a director on the boards of Castlelake’s aircraft securitizations, is chair of its Aviation Business Committee and is a voting member of the firm’s Investment Review Committee. Additionally, Mr. McConnell serves as portfolio manager for Castlelake’s aviation and value funds.

Prior to joining Castlelake, Mr. McConnell worked in Piper Jaffray’s investment banking division. Mr. McConnell received his B.S.B. in finance and accounting from the Carlson School of Management at the University of Minnesota, summa cum laude.

Otto Verhoeff

Otto Verhoeff

Director

Mr. Verhoeff is a Director of the Board. He is a partner at Castlelake, L.P. and co-head of its Aviation teams. He has managerial responsibility for origination, leasing and marketing efforts, as well as aircraft and engine trading and transaction management. Mr. Verhoeff joined Castlelake in 2012 and became a partner in 2018. Mr. Verhoeff is also a member of Castlelake’s Investment Review Committee. Mr. Verhoeff has worked in the Aviation industry for more than 15 years. Over the course of his career, he has gained experience working with more than 300 airlines and aircraft lessors in more than 50 countries through lease placements, aircraft sales and lease backs, and other investment and acquisition projects. Mr. Verhoeff has also been instrumental in the development of Castlelake’s internal aircraft servicing infrastructure and platform.

Prior to joining Castlelake, Mr. Verhoeff was with KLM Royal Dutch Airlines. In his latest role at KLM, he served as Regional Sales Director North America for KLM Engineering & Maintenance/Air France Industries, where he was primarily responsible for leading the Sales department. There, Mr. Verhoeff’s experience included the successful sales integration of a locally-acquired subsidiary. In this function, Mr. Verhoeff interacted on a global level with airlines, lessors, brokers and MROs. Prior to his expatriation to the U.S., Mr. Verhoeff, a Dutch native, was based in the KLM Amsterdam offices where he managed various airframe, training and aircraft engine sales programs for third party airlines. Mr. Verhoeff attended Erasmus University of Rotterdam, focusing on business administration.

Annemarie Fleming

Director

Ms. Fleming is a Director of the board. She joined Castlelake, L.P. in 2019 and is part of the Aviation Finance team, focused on working closely with senior management and both internal and external stakeholders for the development of robust financial controls and reporting systems to support business growth. She is responsible for oversight of accounting and controls, aviation servicing operations and analysis, revenue and lessee management, administrative systems and risk management. Prior to joining Castlelake, Ms. Fleming was with Elix Aviation Capital where she focused on various finance and accounting roles, most recently serving as finance director. Prior to that, Ms. Fleming worked for Macquarie Aviation Capital as senior finance manager. Ms. Fleming received her B.A. from Waterford Institute of Technology in financial services. Ms. Fleming is a Chartered Certified Accountant (active).

Robert Murphy

Robert Murphy

Director

Mr. Murphy is a Director of the Board. He joined Castlelake, L.P. in 2020 as Head of Aviation Risk Management. Mr. Murphy is also a member of Castlelake’s Investment Review Committee. Prior to Castlelake, Mr. Murphy was with Goshawk as Head of Business Analysis. Before joining Goshawk, Mr. Murphy worked for Investec where he led the bank’s pan-European airlines and aviation equity research. Before that, he held positions with Aer Lingus and Cowen and Company. Mr. Murphy is a Chartered Financial Analyst and holds a M.Sc. in finance and capital markets from Dublin City University and a bachelor’s degree in economics from Trinity College Dublin.

Elizabeth Barry

Independent Director

Elizabeth (Liz) Barry is an experienced independent non-executive director with over thirty-six years’ experience in the aircraft lease and finance sector, eighteen years of which were as an Executive Board Director of Airbus Financial Services Ltd, the manufacturer finance subsidiary of Airbus in Dublin, where she was the Head of Corporate Affairs from 1995 to 2019. Having commenced her aerospace sector career in 1985 with what was then the world’s first and largest aircraft lessor, GPA Group plc, she has substantial expertise in, inter alia, complex aircraft lease and financing structures, securitizations, IPO’s, joint ventures and equity issues in conjunction with shareholder and board matters. Liz holds an MA from Trinity College, Dublin and the Postgraduate Diploma in Corporate Governance from the Smurfit Graduate Business School at University College Dublin. She is currently an independent non-executive director serving on certain aircraft Asset Backed Security (ABS) structures and aviation related companies. She also has substantial non-aviation related Board and Committee Chair experience, including with a pan-European rail leasing company and not-for-profit charity boards.

Castlelake Aviation Team

Our team is comprised of more than 60 experienced professionals across specialized sub-teams who collaborate to create innovative solutions. We operate with deep respect for one another and prize diversity of thought, believing that our partners benefit from both our individual experiences and seamless teamwork.