Sound Point U.S. Direct Lending III (levered Parallel Master) LP
Hedge FundFund ID 805-1381910103Cayman Islands
Gross assets
$242.4M
Min. investment
$250K
Beneficial owners
31
Size rank
Top 28%
Audited
Yes
Structure
Master
About this fund
Sound Point U.S. Direct Lending III (levered Parallel Master) LP is a hedge fund managed by Sound Point Capital Management, LP. The fund reports $242.4 million in gross assets, placing it among the top 28% of private funds by size. The stated minimum investment is $250,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-1381910103 |
| Fund type | Hedge Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Sound Point Strategic Capital Master Fund III (cayman), LP | Hedge | $1.28B |
| Sound Point Harbor Master Fund, LP | Hedge | $650.4M |
| Sound Point CLO XXIII, Ltd | Securitized Asset | $555.1M |
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Join to unlock · $37/moFrequently asked questions
How large is Sound Point U.S. Direct Lending III (levered Parallel Master) LP?
Sound Point U.S. Direct Lending III (levered Parallel Master) LP reports $242.4 million in gross assets, among the top 28% of private funds by size.
What is the minimum investment for Sound Point U.S. Direct Lending III (levered Parallel Master) LP?
The stated minimum investment is $250,000.
Who manages Sound Point U.S. Direct Lending III (levered Parallel Master) LP?
Sound Point U.S. Direct Lending III (levered Parallel Master) LP is managed by Sound Point Capital Management, LP.
Does Sound Point U.S. Direct Lending III (levered Parallel Master) LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
S
New York, NY
Service providers
Reported gross assets
$242.4M▼ 1%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 28%
Larger than 72% of 67,041 private funds
Gross assets vs Hedge FundsTop 39%
Larger than 61% of 12,442 hedge funds
Minimum investmentTop 56%
Higher than 44% of funds reporting a minimum
Investor base
Adviser & related persons49%
Funds of funds41%
Non-U.S. persons1%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.