Sound Point U.S. Direct Lending Fund III (Master) L.P. is a hedge fund based in New York, New York. According to its most recent Form D, filed Sep 30, 2026, the fund has sold $330,690,546 of interests to 6 investors since its first sale in Aug 2022. 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 Stephen Ketchum; Daniel Fabian; Sound Point U.S. Direct Lending III GP, LLC.
- Total raised
- $330,690,546Cumulative sales reported on Form D
- Investors
- 6
- First sale
- Aug 17, 2022
- 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
- Stephen Ketchum; Daniel Fabian; Sound Point U.S. Direct Lending III GP, LLC
- Latest Form D
- Sep 30, 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 73% of the 2,479 hedge funds based in New York, and more than 77% 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 Discovery Fund LLC$459M
- 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