Longtime Chief Financial Officer Kevin Gerlitz Retires After 16 Years at Sound Point
Sound Point Capital Management, a credit-oriented investment manager overseeing approximately $43 billion in total assets, today announced the appointment of Dan Fabian as Global Chief Financial Officer, effective immediately. He succeeds Kevin Gerlitz, who is retiring after a distinguished tenure as the firm’s long-serving Chief Financial Officer.
“We’re thrilled to welcome Dan to Sound Point,” said Stephen Ketchum, Founder and Managing Partner of Sound Point Capital. “His deep expertise across the asset management landscape and proven ability to scale global investment platforms makes him an invaluable addition to our leadership team, and the ideal person to help lead Sound Point through our next chapter of growth.”
Mr. Fabian brings over 20 years of experience in senior financial and operational roles within the asset management industry and will play a key role in supporting Sound Point’s global strategy. He most recently served as President, COO and CFO at Alcentra, where he led the firm through significant phases of growth and organizational transformation.
“I’m honored to be joining Sound Point at such an exciting time in the firm’s journey,” said Mr. Fabian. “Sound Point has built a strong reputation for disciplined investing and client partnership. I look forward to working closely with Steve, the leadership team, and our global colleagues to help support and scale the platform in the years ahead.”
As part of this transition, Mr. Gerlitz, who has been with the firm since its inception in 2008, will retire from his role and remain with the firm as a Senior Advisor. As the first employee of Sound Point, Mr. Gerlitz played a foundational role in building and scaling the firm’s finance and operations functions over the past 16 years.
“We are deeply grateful to Kevin for his extraordinary contributions and steadfast leadership,” continued Mr. Ketchum. “He has been an integral part of Sound Point’s story to date, and his commitment, integrity, and steady hand have left a lasting impact. We are pleased that he will remain with us in a Senior Advisor capacity during this transition.”
About Sound Point Capital Management
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, Connecticut, Florida and California, 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 $43+ billion of assets and was founded by Stephen J. Ketchum, who is the controlling shareholder. Five principals of Stone Point Capital LLC, as well as Blue Owl GP Stakes, a division of Blue Owl Capital Inc. [NYSE: OWL], and Assured Guaranty Ltd, through one or more subsidiaries, are strategic investors in our business. For more information, please visit Sound Point's website at www.soundpointcap.com
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Contacts
Prosek Partners
Nadia Damouni
Pro-SoundPoint@prosek.com