Sound Point Capital Management Archives

Sound Point Names Stein CIO for U.S. Performing Credit and CLOs

Sound Point Capital Management hired Gunther Stein to become head and chief investment officer of its U.S. Performing Credit and CLO platform.

May 19, 2023 Assured Investment Management | Gunther Stein | Sound Point Capital Management | Stephen Ketchum Ian Koplin

Assured Investment Management Combines with Sound Point Capital Management

Assured Guaranty entered into an agreement with Sound Point Capital Management pursuant to which Assured Guaranty will contribute its entire equity interest in Assured Investment Management and, with certain exceptions, its related asset management entities to Sound Point.

Sound Point Capital Management Supports OceanSound Partners’ Acquisition of Gannett Fleming

Sound Point Capital Management acted as administrative agent on a first lien senior secured credit facility to Gannett Fleming, an engineering and infrastructure solutions provider. The financing was used to support the acquisition of the company by OceanSound Partners.

March 8, 2023 Addison Nordin | Andrew Eversfield | Gannett Fleming | OceanSound Partners | Sound Point Capital Management Ian Koplin

Sound Point Capital Management Supports Salute Mission Critical’s Acquisition Iconicx Critical Solutions

Sound Point Capital Management acted as administrative agent and sole lender on a first lien senior secured credit facility to Salute Mission Critical for its acquisition of Iconicx Critical Solutions.

January 6, 2023 Salute Mission Critical | Sound Point Capital Management Ian Koplin

Sound Point Capital Management Provides Accounts Receivable Facility to Centric Brands

Sound Point Capital Management provided an accounts receivable facility for Centric Brands, a global lifestyle brand collective that designs, sources and markets branded products in the apparel, accessories, beauty and entertainment categories.

October 24, 2022 Centric Brands | Deborah Bell | Morgan Dean | Sound Point Capital Management Ian Koplin

Sound Point and LBC Provide $180MM Credit Facility to Support Greenbelt’s Acquisition of Unirac

Sound Point Capital Management and LBC Credit Management, two providers of financing solutions to middle market companies, provided a $180 million senior secured credit facility to Greenbelt Capital Partners to support the acquisition of Unirac.

October 20, 2022 Greenbelt Capital Partners | LBC Credit Management | Sound Point Capital Management | Unirac Ian Koplin

Sound Point Capital Management Provides Accounts Receivable Facility to Dura Automotive

Sound Point Capital Management provided an accounts receivable facility for Dura Automotive, a global designer and manufacturer of highly engineered automotive systems and portfolio company of MiddleGround Capital.

July 18, 2022 DURA Automotive | MiddleGround Capital | Morgan Dean | Sound Point Capital Management Ian Koplin

Sound Point Capital Management Provides Term Loan Financing to Perry Ellis

Sound Point Capital Management closed a senior secured term loan for a subsidiary of Perry Ellis, an owner of retail brands. Perry Ellis will use the funding to pay down existing debt.

January 10, 2022 George Feldenkreis | Marc Sole | Oscar Feldenkreis | Perry Ellis | Sound Point Capital Management Phil Neuffer

Global Eagle Completes Asset Sale, Emerges from Chapter 11

Global Eagle Entertainment completed the sale of substantially all of its assets to a group consisting of its first lien investors. Global Eagle’s new owners include certain funds managed by affiliates of Apollo Global Management, among others.

SPCM Provides Exit Financing for Centric Brands’ Chapter 11 Emergence

Centric Brands emerged from voluntary Chapter 11 proceedings. Sound Point Capital Management provided exit financing to the company, while Ropes & Gray, PJT Partners and Alvarez & Marsal served as legal, financial and restructuring advisors, respectively.

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