Sound Point Capital Management, LP

Sound Point Capital Management, LP is a diversified alternative asset management firm with a primary focus on credit strategies. Founded in 2008 and headquartered in New York City, the firm manages approximately $44-45 billion in assets under management as of late 2025, serving institutional investors including pensions, foundations, insurance companies, wealth management firms, and family offices.

The firm offers strategies spanning performing credit and CLOs, opportunistic credit, private credit including direct lending, structured credit, commercial real estate credit, and separately managed accounts. Its activities include leveraged loans, special situations, distressed debt, asset-based lending, and bespoke capital solutions for corporate borrowers. Sound Point participates in senior debt facilities and provides transitional or first-lien financing backed by various collateral types.

Operations extend beyond the United States with offices in London, Greenwich (Connecticut), West Palm Beach (Florida), and San Francisco (California). The firm was established by Stephen J. Ketchum, who serves as founder, controlling shareholder, and key executive. Strategic investors include principals of Stone Point Capital LLC, Blue Owl Capital through its Dyal division, and Assured Guaranty, though Sound Point operates independently in day-to-day management and investment decisions.

In the alternative asset management industry, Sound Point is recognized as a global credit specialist, scaling platforms across liquid and illiquid credit while emphasizing fundamental research and disciplined underwriting. It acts as both manager and sponsor of pooled investment vehicles.