Clients
Sound Point Luna serves 29 clients, 28 of them pooled investment vehicles. The average client has about $353 million with the firm.
- Pooled investment vehicles28 clients100%
- Other investment advisers1 clients0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 28 | $10,209,821,748 | 99.7% | $364.6M |
| Other investment advisers | 1 | $26,039,078 | 0.3% | $26.0M |
| Total | 29 | $10,235,860,826 | 100% | $353.0M |
- Clients
- 28
- Regulatory AUM
- $10,209,821,748
- Share
- 99.7%
- Avg. per client
- $364.6M
- Clients
- 1
- Regulatory AUM
- $26,039,078
- Share
- 0.3%
- Avg. per client
- $26.0M
Total
- Clients
- 29
- Regulatory AUM
- $10,235,860,826
- Share
- 100%
- Avg. per client
- $353.0M
What it does
Sound Point Luna provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Sound Point Luna advises 24 private funds.
99.7% of assets ($10.21B across 28 accounts) are managed with discretion; $26.0M across 1 account is not. 90% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks46%
- Funds54%
Custodians
Sound Point Luna’s client accounts are held mainly at Bank of New York Mellon, with 0% of managed assets. Sound Point Luna has custody of client assets.
- OtherBank of New York Mellon, All other custodians100%
Ownership and leadership
Sound Point Capital Management, LP owns 75% or more of Sound Point Luna, and Stephen Ketchum is its CEO.
- Owns 75% or more of Sound Point Luna LLC
Sound Point Capital Management, LP
Control person · since July 2023
- Owns 25% to 50% of Sound Point Capital Management, LP
SPC Consolidator LLC
Control person · since December 2020
- Owns 75% or more of SPC Consolidator LLC
Stephen Ketchum
Control person · since December 2020
- Owns 25% to 50% of Sound Point Capital Management, LP
Assured Guaranty US Holdings Inc.
Control person · since July 2023
- Owns 75% or more of Assured Guaranty US Holdings Inc.
Assured Guaranty LTD.
Control person · since February 2004
SPC Partners GP, LLC
General partner · Control person · since September 2009
Leadership
- Stephen KetchumChief Executive Officer
- Daniel FabianGlobal Chief Financial Officer
- Sarah SeelausChief Operating Officer
- Andrea SayagoChief Compliance Officer
- Vincent DarpinoGeneral Counsel
Staff
- 39 employees
- 35 in advisory functions
Fees
Sound Point Luna is paid through a percentage of assets under management and performance-based fees.
Sound Point Luna’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Sound Point Luna has 4 offices, with 4 listed addresses across 4 states.
California · 1 listed address
- 580 California Street, San Francisco
Connecticut · 1 listed address
- 411 West Putnam Avenue, Greenwich
Florida · 1 listed address
- 205 Datura Street, West Palm Beach
New York · 1 listed address
- 375 Park Avenue, 34th Floor, New YorkHQ
Registration details
- Legal name
- Sound Point Luna LLC
- Headquarters
- 375 Park Avenue, 34th Floor, New York, NY 10152
- Phone
- 212-895-2280
- Website
- Not reported
- SEC file
- 801-62330
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Sound Point Luna have?
Sound Point Luna has 29 clients and manages $10.2 billion for them, as of March 2026. They include 28 pooled investment vehicles and 1 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Sound Point Luna offer?
Sound Point Luna provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Sound Point Luna use?
Sound Point Luna’s separately managed account assets are held at Bank of New York Mellon (New York, NY), with $13,233,776. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Sound Point Luna have?
Sound Point Luna has 0 investment adviser representatives registered with state securities authorities, out of 39 employees, and 35 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Sound Point Luna invest in?
At the end of its last fiscal year, Sound Point Luna’s separately managed accounts held 54% pooled vehicles (private funds and similar) and 46% exchange-traded equities. It advises 24 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Sound Point Luna?
Sound Point Luna is owned through a chain of holding companies by Assured Guaranty LTD. and Stephen Ketchum. Its direct owner is Sound Point Capital Management, LP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Sound Point Luna get paid?
Sound Point Luna is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file