Sound Point Acquisition Corp I, Ltd.
We are a newly organized blank check company. (Incorporated in the Cayman Islands)
We intend to concentrate our efforts in sectors where Sound Point maintains a deep level of relationships and expertise. We also seek to capitalize on the multiple decades of combined investment and operational experience of our management team. Our management team consists of Stephen Ketchum—Chairman and Chief Executive Officer, Marc Sole— President and Director Nominee, David Grill—Chief Financial Officer and Director Nominee, and Philip Bartow—Head of Corporate Development. Experience among our seasoned management and non-executive directors include senior executive management positions at financial institutions and investment firms. In addition, our non-executive directors have extensive operating and executive experience in several industries that will be a focus of our company, including technology, media and consumer brands, among others.
Our sponsor is an affiliate of Sound Point Capital Management, LP (“Sound Point”), a registered investment advisor with a particular expertise in credit strategies.
Founded in 2008 by Stephen Ketchum, Sound Point is an alternative asset manager with approximately $29.9 billion in assets under management (“AUM”) as of Nov. 30, 2021. Sound Point has deep investing expertise across various credit strategies, including performing credit, stressed and distressed investing, alternative lending, direct lending, structured products, specialty financing and commercial real estate. Private investors are able to access Sound Point’s strategies through its collateralized loan obligations (“CLOs”), commingled funds, drawdown vehicles and separately managed accounts. Sound Point is focused on preserving investor capital and delivering consistent and strong risk-adjusted returns with low volatility across market cycles. Founder and Chief Investment Officer, Stephen Ketchum, brings over 31 years of experience in credit investing, structuring and advisory and leads a team of over 65 investment professionals with deep experience in the credit markets.
(Note: Sound Point Capital Acquisition Corp. I upsized its SPAC IPO at pricing on March 1, 2022, to 22.5 million units, up from 20 million units, at $10 each to raise $225 million.)
|Address||375 Park Avenue New York, New York 10152|
|Phone Number||(212) 895-2280|
|View Prospectus:||Sound Point Acquisition Corp I, Ltd.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$225.0 mil|
|Manager / Joint Managers||BofA Securities/ J.P. Morgan|
|CO-Managers||AmeriVet Securities/ SPC Capital Markets|
|Expected To Trade:||3/2/2022|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|