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Sp Main Street Funding I LLC

Hedge FundFund ID 805-4359895311Delaware, United States
Gross assets
$397.8M
Min. investment
$250K
Beneficial owners
19
Size rank
Top 20%
Audited
Yes
Structure
Standalone

About this fund

Sp Main Street Funding I LLC is a hedge fund managed by Sound Point Capital Management, LP. The fund reports $397.8 million in gross assets, placing it among the top 20% 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 ID805-4359895311
Fund typeHedge Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundNo
Fund of fundsNo
Relies on exemption from registrationNo
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Sound Point Strategic Capital Master Fund III (cayman), LPHedge$1.28B
Sound Point Harbor Master Fund, LPHedge$650.4M
Sound Point CLO XXIII, LtdSecuritized Asset$555.1M
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Frequently asked questions

How large is Sp Main Street Funding I LLC?

Sp Main Street Funding I LLC reports $397.8 million in gross assets, among the top 20% of private funds by size.

What is the minimum investment for Sp Main Street Funding I LLC?

The stated minimum investment is $250,000.

Who manages Sp Main Street Funding I LLC?

Sp Main Street Funding I LLC is managed by Sound Point Capital Management, LP.

Does Sp Main Street Funding I LLC disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Service providers

Reported gross assets

$397.8M▲ 6921%
Feb '25 — $5.7MMar '25 — $289MApr '25 — $289MMay '25 — $289MJun '25 — $289MJul '25 — $289MAug '25 — $289MSep '25 — $289MOct '25 — $289MNov '25 — $289MDec '25 — $289MJan '26 — $289MFeb '26 — $289MMar '26 — $397.8MApr '26 — $397.8MMay '26 — $397.8MJun '26 — $397.8M
Feb '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 20%
Larger than 80% of 67,041 private funds
Gross assets vs Hedge FundsTop 30%
Larger than 70% of 12,442 hedge funds
Minimum investmentTop 56%
Higher than 44% of funds reporting a minimum

Investor base

Adviser & related persons47%
Funds of funds%
Non-U.S. persons31%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.