Sound Point Meridian Capital, Inc.

Sound Point Meridian Capital operates as a closed-end management investment company focused on structured credit investments. The firm invests primarily in equity and mezzanine tranches of collateralized loan obligations, with underlying portfolios consisting largely of below-investment grade U.S. senior secured loans. This investment strategy positions the company within the asset management sector, specifically targeting structured credit and loan-based securities.

The company's revenue streams are derived from management fees on assets under management and investment returns generated through its CLO positions. As a closed-end fund structure, the company raises capital from investors and deploys it according to its investment mandate rather than managing client assets on a discretionary basis.

Based in New York, New York, Sound Point Meridian Capital operates with approximately 285 full-time employees. The company was incorporated in Delaware and is listed on the New York Stock Exchange. The firm was established in 2022, making it a relatively recent entrant to the structured credit management space.