NEW YORK--(BUSINESS WIRE)--Sound Point Capital Management (“Sound Point”), a leading credit-focused investment manager with more than $32 billion in assets, is pleased to announce it has hired Merrill Martin as its new Senior Director of Business Development for their Independent Wealth team. He will be focused on covering Key Accounts, Family Offices, and Registered Investment Advisors.
Mr. Martin joins Sound Point from Credit Suisse Asset Management, where he worked for over a decade in roles including Strategy, Chief Operating Officer of Retail Distribution, and most recently as a Senior Relationship Manager. At Credit Suisse, he managed and covered Key Accounts, Registered Investment Advisors, Family Offices, Foundations and Endowments, and Pension Funds.
“I’m thrilled to be joining Sound Point,” Mr. Martin commented. “The firm’s growth trajectory, robust credit solutions, and entrepreneurial spirit are what compelled me to join and have made this an exciting opportunity to help further enhance the firm’s presence. We look forward to making our institutional quality solutions more readily accessible across the independent wealth landscape.”
“Merrill brings an excellent background, successful track record and strong work ethic to our organization,” said Stephen Ketchum, Sound Point’s Founder and Managing Partner. “We look forward to his contributions across the independent wealth channel as this is a crucial area for Sound Point to continue its growth.”
“Merrill’s experience and understanding of the market will significantly increase Sound Point’s ability to raise assets within the independent wealth community and we are excited to have him join us,” stated Tory Gossage, Sound Point’s Head of Business Development.
Mr. Martin earned his bachelor’s degree from Seton Hall University and began his career at Modera Wealth Management before moving to Invesco and then on to Credit Suisse Asset Management.
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About Sound Point Capital Management, LP
Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies. Based in New York, with offices in London, the firm manages money on behalf of institutional investors including top-tier pensions, foundations, insurance companies, wealth management firms and family offices. Sound Point's strategies span the spectrum of liquid and illiquid credit alternatives and include funds and managed accounts focused on leveraged loans, special situations, distressed debt, structured credit, direct lending and commercial real estate. Sound Point currently manages approximately $32 billion of assets. Five principals of Stone Point Capital LLC, as well as Dyal Capital Partners, a division of Blue Owl Capital Inc. [NYSE: OWL], are strategic investors in our business. For more information, please visit Sound Point's website at www.soundpointcap.com.