Private company

Sound Point Direct Lending BDC

Sound Point Direct Lending BDC is an investment fund based in New York, United States.1

Last updated Oct 20, 2026.

Overview

  • HeadquartersNew York, New York1
  • Incorporated inDE2
  • Business addressC/O Sound Point Capital Management, Lp, 375 Park Avenue, 33Rd Floor, New York, Ny 101522
  • Filer categoryNon-accelerated filer, Emerging growth company2
  • Legal formOther
  • Kind of organizationInvestment fund1

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The Fund was formed as a Delaware statutory trust on March 14, 2025 and has elected to be regulated as a Business Development Company (a "BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). The Fund is structured as an externally managed, non-diversified closed-end management investment company and is a non-exchange traded, perpetual-life BDC. In addition, for tax purposes the Fund intends to elect to be treated, and intends to qualify annually thereafter, as a RIC under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”).3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Fiscal year20252026
Total assets$155.4M6
Short-term debt$67.0M6
Total liabilities$68.4M6
Retained earnings-$618.0K6
Shareholders’ equity$87.0M6
Shares outstanding3.5M shares63.5M shares6

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Corporate structure

Sound Point Direct Lending BDC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Sound Point Direct Lending BDC

  • LIBERTY MUTUAL HOLDING Co INC. Filed SCHEDULE 13G/A on Sound Point Direct Lending BDC, latest Jul 9, 2026 (2 filings since Apr 1, 2026)
  • NATIONWIDE LIFE INSURANCE CO /OH Filed SCHEDULE 13G on Sound Point Direct Lending BDC, latest Feb 13, 2026
  • NATIONWIDE MUTUAL INSURANCE CO Filed SCHEDULE 13G on Sound Point Direct Lending BDC, latest Feb 13, 2026
  • Sound Point Direct Lending BDC New York, New York

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Sound Point Direct Lending BDC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Properties, in its own words

The Fund does not own any real estate or other properties materially important to the Fund’s operation or any of the Fund’s subsidiaries. The Fund’s headquarters are currently located at 375 Park Avenue, 34th Floor, New York, New York 10152. The Fund believes that its current office facilities are adequate to meet the Fund’s needs.

Item 2 of the 10-K filed Mar 30, 2026.3

Leadership

Who has led Sound Point Direct Lending BDC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Andrew James Eversfield2026–now

Chief financial officer

  1. Daniel Steven Fabian2026–now
Board members and other officers (3)

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Chief Compliance OfficerFrederick Jerome Teufel, Jr. named Dec 19, 202512
  • Chairman of the Board of TrusteesStephen Jerome Ketchum named Dec 19, 202512

Timeline

  1. Jul 29, 20268-K Bylaws or fiscal year changed13
  2. Jul 22, 20268-K Unregistered sale of shares14
  3. May 1, 20268-K Unregistered sale of shares15
  4. Feb 13, 2026New chief executive Andrew James Eversfield becomes CEO7

Filings

28 filings to the SEC since October 2021: 1 annual reports, 2 quarterly reports, 3 major events, 14 insider forms, 4 large holders, 1 private raises, 3 other. The latest 20:

  1. Aug 14, 202610-Q EDGAR
  2. Jul 29, 20268-K EDGAR
  3. Jul 24, 20264 EDGAR
  4. Jul 22, 20268-K EDGAR
  5. Jul 9, 2026SCHEDULE 13G/A EDGAR
  6. May 15, 202610-Q EDGAR
  7. May 4, 20264/A EDGAR
  8. May 1, 20268-K EDGAR
  9. May 1, 20264 EDGAR
  10. May 1, 20264 EDGAR
  11. Apr 1, 2026SCHEDULE 13G EDGAR
  12. Mar 30, 202610-K EDGAR
  13. Feb 27, 20263 EDGAR
  14. Feb 13, 20263 EDGAR
  15. Feb 13, 20263 EDGAR
  16. Feb 13, 20263 EDGAR
  17. Feb 13, 20263 EDGAR
  18. Feb 13, 20263 EDGAR
  19. Feb 13, 20263 EDGAR
  20. Feb 13, 20263 EDGAR

The 28 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

4 open-market trades by officers, directors and large owners since October 2021: 4 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 22, 2026Assured Guaranty Inc.10% ownerBuy209,388$24.83$5.2MForm 4
Apr 30, 2026LIBERTY MUTUAL HOLDING Co INC.10% ownerBuy121,359$24.72$3.0MForm 4
Apr 30, 2026LIBERTY MUTUAL HOLDING Co INC.10% ownerBuy121,359$24.72$3.0MForm 4
Apr 30, 2026Assured Guaranty US Holdings Inc.10% ownerBuy242,718$24.72$6.0MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Dec 15, 2025Raised $458.2 million in a private offering of equity Form D: 93 investors so far Form D

SEC filer profile

How Sound Point Direct Lending BDC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSound Point Direct Lending BDC1
  • CIK0002061174
  • Employer ID (EIN)33-43423293
  • Filer statusNon-accelerated filer an emerging growth company; not a smaller reporting company; not a shell company3
  • Incorporated inDelaware3
  • Fiscal year endsDecember 311
  • Business addressC/O Sound Point Capital Management, Lp, 375 Park Avenue, 33Rd Floor, New York, NY 101521
  • Phone212-895-22801
  • Shares outstanding6,622,572 as of Aug 14, 20264
  • Public float$0 as of Dec 31, 20256
  • AuditorPricewaterhouseCoopers LLP, New York, New York PCAOB ID 238; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceDec 15, 20251
  • Filings29 in all: 3 (10), SCHEDULE 13G (4), 4 (3), 8-K (3), 10-Q (2), 10-12G (1), 10-12G/A (1), 10-K (1)1
    All 12 form types

    4/A (1), D (1), N-54A (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 30, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Latest 8-K (8-K) Jul 29, 2026

Risk factors and legal proceedings

The risks Sound Point Direct Lending BDC names in Item 1A of its 10-K filed Mar 30, 2026: 26 risks under these headings, as written.3

  • Risks Relating to the Fund’s Business and Structure
  • Dependence on Key Personnel and Adviser.
  • Business and Regulatory Risks of Alternative Asset Investments.
  • Competitive Nature of the Adviser’s Business.
  • Interpretation of Governing Agreements and Legal Requirements.
  • Possibility of Fraud and Other Misconduct of Employees of the Adviser and Service Providers.
  • Status as Business Development Company.
  • Share Repurchases and Cash Reserves.
  • Non-Diversified Investment Company.
  • Difficulty of Locating Suitable Investments.
  • Co-investment with Third Parties.
  • Operating and Financial Risks of Portfolio Companies.
The other 15 risks
  • Projections and Third-Party Reports.
  • Risks Relating to the Fund’s Investments
  • Risks Related to Investments in Loans.
  • Second-Lien or Other Subordinated Loans or Debt Risk.
  • Risk of Borrowing by the Fund.
  • Investments in Privately Held Companies.
  • Investments in Private and Middle-Market Companies.
  • Investments in Securitizations, Asset-Backed Securities and other Structured Investments.
  • Variable and Floating Rate Securities.
  • Risks Associated with Covenant-Lite Loans.
  • Potential Material and Adverse Effects of Market Conditions on Debt and Equity Capital Markets.
  • Risk Control and Monitoring Framework.
  • General Risk Factors
  • Emerging Growth Company Status.
  • Exchange Act Filing Requirements.
  • Artificial Intelligence and Machine Learning Developments.
  • Systems Risk; Cyber Security Breaches and Identity Theft.

Legal proceedings

From time to time, the Fund may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of the Fund’s rights under contracts with the Fund’s portfolio companies or the Fund’s co-investors. While the outcome of these legal proceedings cannot be predicted with certainty, the Fund does not expect that these proceedings will have a material effect upon the Fund’s financial condition or results of operations. The Fund and the Adviser are not currently a party to any material legal proceedings.

The opening of Item 3, Legal Proceedings.3

Sources

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