Sound Point Capital Management, a global alternative credit manager overseeing over $45 billion in assets, has partnered with CAIS, an alternative investment platform for financial advisors, to enhance access to Sound Point’s institutional private credit strategies within the wealth management sector.
Stephen Ketchum, Founder and Managing Partner of Sound Point Capital, stated, “We’re excited to bring Sound Point’s longstanding expertise in private credit to a broader audience of financial advisors and their clients.” He added that the partnership marks an important step in broadening the firm’s reach and supporting advisors in integrating private credit into client portfolios.
Through this collaboration, Sound Point will join the CAIS platform, which connects more than 2,000 wealth management firms and over 62,000 financial advisors to a curated selection of alternative investment solutions.
The partnership coincides with increasing demand among financial advisors for private credit. A recent CAIS-Mercer survey indicated that 89% of advisors are currently allocated to private debt, and 91% plan to increase their allocations to alternatives over the next two years.
Brad Walker, President of CAIS, welcomed Sound Point to the platform. He noted that as private credit becomes a growing focus for the wealth management community, this partnership represents a step toward bridging the gap between managers and financial advisors, aligning with CAIS’s mission to expand access, enhance education, and drive greater choice across the alternatives landscape.
This development also highlights the ongoing efforts of Sound Point’s Private Wealth team, led by Merrill Martin, to strategically grow the firm’s reach and provide sophisticated credit strategies to a wider investor base.
Sound Point Capital Management, founded in 2008, is an alternative asset management firm specializing in credit strategies. Based in New York City, with additional offices in London, Greenwich, West Palm Beach, and San Francisco, the firm manages capital for institutional investors including pensions, foundations, insurance companies, wealth management firms, and family offices. Sound Point’s strategies encompass liquid and illiquid credit alternatives, including funds and managed accounts focused on leveraged loans, special situations, distressed debt, structured credit, direct lending, and commercial real estate. The firm manages over $45 billion in assets. Stephen J. Ketchum is the controlling shareholder, with strategic investments from five principals of Stone Point Capital LLC, a third-party permanent capital fund managed by the Dyal Capital division of Blue Owl Capital Inc., and Assured Guaranty U.
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CAIS, established in 2009, operates as an alternative investment platform for independent financial advisors. The platform manages the pre-trade, trade, and post-trade lifecycle for alternative investments and capital market strategies, providing a unified operating system for advisors and asset managers to achieve scale and efficiency. CAIS serves over 2,000 wealth management firms supporting more than 62,000 financial advisors who collectively oversee approximately $7.5 trillion in client assets. Headquartered in New York City, CAIS has offices in Austin, TX; London; and Red Bank, NJ. The company has received recognition for its innovation, including awards from Wealth Solutions Report, the WealthTech100 List, SPi, Finovate, and Fortune.
Assets under management (“AUM”) are provided as of June 30, 2025. AUM does not include redemptions received or liquidations that may be in effect after June 30, 2025. AUM does include, where relevant, committed capital to discretionary draw-down vehicles that have not yet been drawn and entities that are not open to new investors and/or are in the process of winding down and represents the closed total commitment of all loans managed by commercial real estate credit as of June 30, 2025, including inherited portfolios managed that were originated by another manager and assets attributable to a non-advisory client.
“The State of Alternative Investments in Wealth Management 2025” was published on January 29, 2025. The statements and opinions attributed to a CAIS executive are endorsements. CAIS is not a client of Sound Point or an investor in funds managed by Sound Point. Sound Point has not provided any cash or non-cash compensation for these statements. The commercial relationship between Sound Point and CAIS creates a potential conflict of interest, as the executive has an incentive to make positive statements about Sound Point. These statements describe the executive’s experience with Sound Point and/or its supervised persons and may not represent the experience of others. This information is provided for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities. All investing involves risk, including the risk of a total loss.
