AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Francis McCullough Joins Sound Point Capital as Global Head of CLO Capital Markets and Structuring

February 3, 2020 GMT

NEW YORK--(BUSINESS WIRE)--Feb 3, 2020--

Sound Point Capital Management, an alternative asset management firm with approximately $21 billion of assets under management, is pleased to announce Francis McCullough has joined as Global Head of CLO Capital Markets and Structuring.

McCullough joins Sound Point from Deutsche Bank, where he spent the past 16 years, most recently as Managing Director and Global Head of New Issue CLOs. While at Deutsche Bank, McCullough worked in both New York and London and was responsible for originating, structuring and syndicating collateralized loan obligations. He brings a wealth of experience in corporate debt securitization and managing complex multi-party transactions.

“We are delighted to welcome Francis to our team,” said Stephen Ketchum, Founder and Managing Partner of Sound Point. “Several of us have known Francis for years and worked with him in his capacity as Head of Deutsche Bank’s CLO group. His deep experience in the CLO market aligns perfectly with the continued expansion of our platform.”

Added McCullough: “Sound Point’s culture and its impressive position in the CLO market, with $15 billion across 25 CLOs in both the U.S. and Europe, made this an easy choice. I look forward to working with Steve and the entire team to help build on the firm’s success.”

McCullough earned a Bachelor’s degree and a Master’s degree in engineering from Ecole Polytechnique in Montreal. He also holds a Master’s degree from London Business School.

About Sound Point Capital Management, LP

Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies. Based in New York, the firm manages money on behalf of institutions, pensions, foundations, insurance companies, wealth management firms, family offices and high net worth individuals. Sound Point’s strategies span the spectrum of liquid and illiquid credit alternatives and include funds and managed accounts focused on leveraged loans, CLOs, long/short credit opportunities and distressed credit. For more information, please visit Sound Point’s website at www.soundpointcap.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200203005003/en/

CONTACT: Greg Cresci

Sound Point Capital

(212) 895-2277

gcresci@soundpointcap.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: Sound Point Capital Management

Copyright Business Wire 2020.

PUB: 02/03/2020 07:30 AM/DISC: 02/03/2020 07:30 AM

http://www.businesswire.com/news/home/20200203005003/en