An independent, alternative asset management firm
focused primarily on credit opportunities.

The information set forth in this web site is provided for informational and discussion purposes only and is not intended to be, and shall not be regarded or construed as, financial, investment or other advice of any kind. Candlewood does not warrant the accuracy of the information provided on this web site or in any linked site, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or fitness for a particular purpose.
Michael Lau
CEO, Managing Partner, Portfolio Manager
  • Mr. Lau is the Chief Executive Officer and a Managing Partner of the Investment Manager. Mr. Lau is also a Portfolio Manager of the Candlewood Special Situations strategies. Prior to forming the Investment Manager, Mr. Lau held several senior positions at Credit Suisse (CS). In 2005, Mr. Lau formed the CS Candlewood Investment Group where he was a Co-Founder and Portfolio Manager for Candlewood Capital Partners LLC, a special purpose investment vehicle wholly owned and funded by affiliates of CS. In 2007, the CS Candlewood Investment Group began managing third party capital. Prior to forming Candlewood, Mr. Lau ran a proprietary distressed debt investment portfolio for the CS Leveraged Finance Division from 2003 to 2005. Prior to managing proprietary capital for CS, he was a par and distressed debt trader (1998-2003) and a leveraged finance banker (1997-1998) at CS and Donaldson, Lufkin and Jenrette, Inc. (acquired by CS in 2000). Mr. Lau, CFA, received his Bachelor’s Degree from the Wharton School of the University of Pennsylvania.
Michael McSherry
Chief Operating Officer
  • Michael McSherry is the Chief Operating Officer ("COO") for Candlewood. Mr. McSherry joined Candlewood in October of 2018. Mr. McSherry has a Bachelor's Degree from University of Connecticut and a Master's Degree from the University of New Haven.

David Koenig
Managing Partner, Portfolio Manager
  • Mr. Koenig is a Managing Partner of the Investment Manager and Portfolio Manager of the Candlewood Special Situations strategies with responsibility for directing the Investment Manager’s investment decisions with respect to the strategy. Beginning in 2005, Mr. Koenig was a Co-Founder and Portfolio Manager for the CS Candlewood Investment Group. Mr. Koenig joined CS in 2004 as a Research Analyst in charge of proprietary distressed investments. Mr. Koenig began his career at Merrill Lynch Capital Services in 1998, where he helped establish the Energy Commodity Trading business that was later sold to Allegheny Energy Supply Company in 2001. At Allegheny, Mr. Koenig was Head of Western Origination and Structuring from 2001 to 2003. In 2003, he returned to Merrill to help re- establish the commodity business, during which time, Mr. Koenig worked with the Corporate Principal Investment and Trading Group investing in distressed energy projects. Mr. Koenig, CFA, received his Bachelor’s Degree from Babson College.
Indra Chandra
Partner, Senior Advisor
  • Mr. Chandra is a Partner of the Investment Manager and serves on its Investment Advisory Commitee. Mr. Chandra, through a consulting arrangement with the Investment Manager, has primary responsibility for directing business strategy, developing co-investment opportunities and managing investor relations. Mr. Chandra also provides consulting services to third parties. Prior to formation of Candlewood in 2010, Mr. Chandra was the Head of Credit Market Strategy for the CS Credit Investment Group. Mr. Chandra was a founding member of the Global Leveraged Finance Strategy and Portfolio Products Group at CS and DLJ from 1998 to 2008 where he had a broad range of roles ranging from research, capital raising, product management and investment banking. Prior to joining DLJ, Mr. Chandra worked as a leveraged finance banker at Chase Securities. Mr. Chandra, CFA, received his Bachelor's Degree, magna cum laude, from Cornell University.
Justin Wohler
Partner, Portfolio Manager
  • Mr. Wohler is a Partner and Research Analyst for the Investment Manager and a Portfolio Manager of the Constellation - PR strategies. Prior to joining CIG, Mr. Wohler was a Senior Research Analyst for the Special Situations strategy at CS. Mr. Wohler was the third member of the CS Candlewood Investment Group joining in 2005. Prior to CS, Mr. Wohler worked at Dresdner Kleinwort Wasserstein, where he was a Credit Analyst responsible for covering leveraged loans. Mr. Wohler, CFA, received his Bachelor’s Degree from Harvard University.
Peter Dowling
Director of Operations
  • Mr. Dowling is the Director of Operations for Candlewood. Prior to joining Candlewood, Mr. Dowling worked in the operations group of CS’s Asset Management Division with responsibility for overseeing operations of certain investment vehicles there. Mr. Dowling joined CS in 2006 and helped develop the operations platform for single-manager hedge funds. Prior to joining CS, Mr. Dowling worked for six years at Deutsche Bank Alternative Investment Group in the operations group that supported single-manager as well as the fund-of-fund hedge funds. Mr. Dowling received a Bachelor’s Degree in Accounting from Kean University.
Ericka Iachello
  • Ericka Iachello is the Chief Financial Officer ("CFO") for the Investment Manager and a Certified Public Accountant ("CPA"). Previously, she was a Senior Accountant for the Investment Manager. Prior to joining the Investment Manager in 2013, Ms. Iachello was an auditor in the Financial Services Office group at Ernst & Young, focused on investment management firms. Ms. Iachello received a Bachelor's Degree in Applied Economics and Management from Cornell University.