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 HedgeMountain directly.
Is this your fund? Report your monthly returns · How performance works
- 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 HedgeMountain 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
Size compared with every hedge fund
Raised more than 78% of the 2,479 hedge funds based in New York, and more than 81% of all 10,157 that report sales.
Other funds with the same team
- Sound Point Senior Floating Rate Fund, L.P.$1.5B
- Sound Point Credit Opportunities Fund, L.P.$648M
- Sound Point Harbor Fund LP$610M
- Sound Point Credit Opportunities Offshore Fund, Ltd.$586M
- Sound Point U.S. Direct Lending Fund III (Master) L.P.$331M
- SPMC Feeder Fund LP$196M
- Sound Point U.S. Direct Lending Fund III (RN Feeder) L.P.$190M
- SPC Receivables Holdings II, LLC$62.0M