Sound Point Capital Management, LP is a large advisory firm based in New York. It manages $18.45 billion of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of New York and Texas.
Sound Point Capital Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Sound Point Capital Management, LP is $18.45 billion. The firm's AUM has grown by 17774% since the beginning of its operation, and $14.95 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Sound Point Capital Management, LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Sound Point Capital Management is pooled investment vehicles with 28 clients and $14.98 billion of assets under management. Among the 12 most similar advisory firms, Sound Point Capital Management has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $18.45 billion for 40 clients. 71% of the firm’s clients are foreign persons or businesses.
Sound Point Capital Management also advises several private funds. Namely, six hedge funds, one other private fund, and nineteen securitized asset funds. The minimum investment commitment required of non-related persons ranges from $32,250 to $5,000,000.
The company employs 60 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Sound Point Capital Management, LP performs its advisory services is located at 375 Park Avenue, New York, NY 10152, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (212) 895-2280. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at soundpointcap.com.