Sound Point Capital Closes $1.2 Billion Direct Lending Fund

Marks Key Milestone in Expanding Alternative Credit Strategies

Alternative credit manager Sound Point Capital Management has successfully closed its latest direct lending fund, raising $1.2 billion. The fund targets middle-market companies, offering tailored credit solutions, and is part of Sound Point's strategy to expand its private debt platform. Known for its focus on credit opportunities across sectors, the firm continues to capitalize on the increasing demand for non-bank lending. With this fund, Sound Point strengthens its position as a key player in alternative credit, leveraging its expertise in credit management to meet investor demand. This capital raise reflects the firm’s growth and adaptability in the evolving private credit space.