Sound Point Discovery Fund LLC
Sound Point Discovery Fund LLC is a hedge fund based in New York, New York. According to its most recent Form D, filed May 5, 2026, the fund has sold $459,388,801 of interests to 143 investors since its first sale in May 2016. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Daniel Fabian; Stephen Ketchum; Sound Point Capital Management, L.P.
Performance
No verified returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $459,388,801Cumulative sales reported on Form D
- Investors
- 143
- First sale
- May 10, 2016
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Daniel Fabian; Stephen Ketchum; Sound Point Capital Management, L.P
- Latest Form D
- May 5, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Sound Point Discovery Fund LLC
What is the minimum investment for Sound Point Discovery Fund LLC?
Sound Point Discovery Fund LLC's latest Form D, filed May 5, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Sound Point Discovery Fund LLC?
Sound Point Discovery Fund LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Sound Point Discovery Fund LLC raised?
Sound Point Discovery Fund LLC reports $459,388,801 sold from 143 investors on its Form D filed May 5, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is Sound Point Discovery Fund LLC based?
Sound Point Discovery Fund LLC is based in New York, New York and is managed by Sound Point Capital Management, LP.
When did Sound Point Discovery Fund LLC launch?
Sound Point Discovery Fund LLC reports its first sale in May 2016.
Size compared with every hedge fund
Raised more than 79% of the 2,544 hedge funds based in New York, and more than 81% of all 10,308 that report sales.
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