Sound Point Capital Management, LP (“Sound Point”), a global alternative credit manager, today announced the final close of Strategic Capital Fund III (“SCF III” or the “Fund”) with $1.5 billion in total capital commitments, reaching the Fund’s hard cap after being substantially oversubscribed.

With the final close complete, SCF III is fully capitalized and positioned to deploy capital across asset-backed, first-lien private credit investments for U.S. corporate borrowers seeking bespoke or transitional financing. The Fund expands the scale of Sound Point’s Capital Solutions platform, enabling the firm to structure short-duration investments across a wide range of market conditions.

“SCF III reflects the durability of Sound Point’s platform and our ability to scale strategies that are built for changing credit markets,” said Stephen Ketchum, Founder and Chief Executive Officer of Sound Point. “As lending continues to migrate away from traditional balance sheets, we believe platforms with structuring expertise, underwriting discipline, and scale are best positioned to serve borrowers and investors alike.”

SCF III leverages Sound Point’s integrated credit platform to originate loans secured by high-quality, cash-generative collateral, including accounts receivable, equipment, inventory, and other asset-based assets. The strategy emphasizes thoughtful portfolio construction and structural protections designed to perform across market cycles.

“With SCF III fully capitalized, our focus is on deploying capital where structure, collateral, and duration are thoughtfully aligned,” said Marc Sole, Deputy Chief Investment Officer, Portfolio Manager and Co-Head of the Capital Solutions Group.

The completion of SCF III provides Sound Point with increased flexibility to respond to borrower demand for customized financing solutions, particularly in situations where traditional lenders are less active.

“With check sizes averaging $150–300 million, we have become a solutions provider for borrowers seeking transitional capital, while maintaining a highly selective and disciplined investment process,” added Morgan O’Neill, Portfolio Manager and Co-Head of the Capital Solutions Group.

Since the inception of its Capital Solutions strategy, Sound Point has originated more than $4.7 billion of deal commitments.* The completion of SCF III further enhances Sound Point’s ability to deploy capital selectively and consistently across market cycles.

*As of January 30, 2026. Provided for informational purposes only. Past performance is not indicative of future results and there can be no assurance Capital Solutions will have continued positive investment performance.

About Sound Point Capital Management, LP

Sound Point Capital Management is a diversified alternative asset management firm with an expertise in credit. Based in New York City, with offices in London, Greenwich, West Palm Beach, and San Francisco, the firm manages money on behalf of institutional investors including top-tier pensions, foundations, insurance companies, wealth management firms, and family offices. Sound Point's strategies span the spectrum of liquid and illiquid credit alternatives and include funds and managed accounts focused on leveraged loans, special situations, distressed debt, structured credit, direct lending, and commercial real estate. Sound Point currently manages over $45 billion in assets and was founded by Stephen J. Ketchum, who is the controlling shareholder. Stone Point Capital LLC principals, a third-party permanent capital fund managed by the Dyal Capital division of Blue Owl Capital Inc., and Assured Guaranty U.S. Holdings Inc. are strategic investors in the firm. For more information, please visit www.soundpointcap.com.

General Legal Disclaimer and Material Risk Factors:

Provided for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities. This information does not constitute investment, tax, or legal advice by Sound Point nor an opinion or recommendation regarding the appropriateness of any investment. Forward-looking statements are subject to risks and uncertainties, and actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Past performance is not indicative of future results. This material has been prepared for distribution in the United States. Unauthorized dissemination, distribution, disclosure or other use of the contents of this press release is strictly prohibited and may be unlawful.

Except where otherwise indicated herein, the information provided is based on matters as they exist as of the date of preparation and not as of any future date and will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date of the hereof. Sound Point is registered as an investment adviser with the US Securities and Exchange Commission (the "SEC"). Sound Point’s Form ADV, Parts 1A and 2A, is publicly available on the SEC's website at http://www.adviserinfo.sec.gov. Part 2B is available upon request. Being a “registered investment adviser” or describing Sound Point as being “registered” does not imply a certain level of skill or training.

AUM figures provided are as of September 30, 2025. Firm-wide AUM does not include redemptions received or liquidations that may be in effect after September 30, 2025. Firm-wide AUM, where relevant, includes committed capital to discretionary draw-down vehicles that have not yet been drawn, 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 Sound Point Commercial Real Estate Credit as of September 30, 2025, including inherited portfolios managed that were originated by another manager and assets attributable to a non-advisory client.

Material Risk Factors. An investment in SCF III involves substantial risks that should be carefully considered by any prospective investor before deciding to make such an investment. Prospective investors should understand the risks associated with SCF III include, but are not limited to: market related risks; credit risks; second-lien, or other subordinated loans or debt risk; risks associated with competition for assets; bankruptcy risk; interest rate risk; and risks associated with non-financial risk considerations like ESG, cybersecurity, counterparty, business continuity and disaster recovery, regulatory risk; and conflicts of interest related to the investment itself and Sound Point’s concurrent management of multiple funds and client accounts within the same strategy and across other strategies. This is a non-exhaustive list of risk factors and there may be other risks applicable to the SCF III that are not identified in this summary but may still result in material losses to, or otherwise materially adversely affect, an investment in SCF III. Please refer to SCF’s Confidential Offering Memorandum for a full list of risk factors. Risk factors are also provided in Sound Point’s Form ADV Part 2A, which is publicly available on the SEC’s web site. Prospective investors should consult their own legal, investment, tax, and other advisers as to whether an investment is appropriate for them.

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