Fundz

Sound Point Capital Provides Financing To Perry Ellis International

PRIVATEJan 07, 2022

Round Type

Funding Round

New YorkProfessional ServicesFinancial ServicesLending And Investments

Description

Sound Point Capital Management (“Sound Point”) is pleased to announce that it closed on a senior secured term loan financing to a subsidiary of Perry Ellis International (“Perry Ellis” or the “Company”), an owner of well-established retail brands. Funding provided by Sound Point will be used to pay down the Company’s existing debt. The Company has been in business for 54 years and was formerly a public company before a take-private transaction in 2018. Perry Ellis owns a diversified suite of brands which generate ample cash flow through licensing to third-party manufacturers

Quick answer

Sound Point Capital Management raised an undisclosed amount in a Funding Round round, dated January 7, 2022. Sound Point Capital Management is based in New York, United States.

How much did Sound Point Capital Management raise?
Sound Point Capital Management raised an undisclosed amount in a Funding Round round on January 7, 2022.
What does Sound Point Capital Management do?
Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies.
Where is Sound Point Capital Management based and how big is it?
Sound Point Capital Management is based in New York, United States.

Source: Fundz verified event record.

Who else raised in Professional Services and Financial Services around the same time

Companies in the same sectors as Sound Point Capital Management that raised within 45 days of this round, from Fundz verified event records.

  • Tonik raised $131M (Series B) on February 9, 2022.
  • Granite Point Mortgage Trust raised an undisclosed amount (Series A) on January 18, 2022.
  • Granite Point Mortgage Trust raised an undisclosed amount (Series A) on January 18, 2022.
  • PrimaryBid raised $190M on February 21, 2022.
  • Banked raised $20M (Series A) on February 14, 2022.
  • Protecht Group raised $42M (Series A) on February 14, 2022.

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Company Information

Company

Sound Point Capital Management

Location

New York, United States

About

Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies. Based in New York, with offices in London, 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 approximately $28.9 billion of assets. Five principals of Stone Point Capital LLC, as well as Dyal Capital Partners, a division of Blue Owl Capital Inc. [NYSE: OWL], are strategic investors in our business. For more information, please visit Sound Point's website at www.soundpointcap.com.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.