Sound Point Acquisition Corp I, Ltd
LIQUIDATION – 6/2/23 – LINK
- The Company anticipates that the last day of trading in the Class A ordinary shares will be June 4, 2023.
- The per-share redemption price will be approximately $10.63
MANAGEMENT & BOARD
Executive Officers
Stephen Ketchum, 60
Chairman and Chief Executive Officer
Mr. Ketchum is the Founder, Managing Partner and Chief Investment Officer of Sound Point, overseeing Sound Point’s investments across all fund offerings. In addition, Mr. Ketchum is the lead Portfolio Manager for the Sound Point Credit Opportunities Fund and a number of other accounts. Mr. Ketchum chairs the Management Committee and sits on most committees at the firm. A veteran with over 31 years’ experience in the credit markets, Mr. Ketchum founded Sound Point in 2008. Previously, he was Global Head of Media & Telecom Investment and Corporate Banking for BofA, where he was a member of the Global Investment Banking Leadership Team. As Global Head of Media & Telecom Banking, Mr. Ketchum was responsible, together with a risk partner, for a multi-billion dollar portfolio of bank and bridge loans. Prior to joining BofA, he was a Managing Director at UBS in the TMT Investment Banking Group. From 1990 to 2000, he was employed in the Investment Banking Department of Donaldson, Lufkin & Jenrette, most recently as a Managing Director. Mr. Ketchum is a member of the Board of Directors of Cirque Du Soleil Entertainment Group, a member of the Board of Managers of the East Side House Settlement, a member of the Board of Trustees of the New York Police & Fire Widows’ & Children’s Benefit Fund and the Museum of the City of New York, and a member of the Board of Directors of CitySquash. Mr. Ketchum earned a B.A. from New England College, magna cum laude, and an M.B.A. from the Harvard Business School.
Marc Sole, 50
President and Director Nominee
Mr. Sole has been an investor focusing on stressed and distressed corporate credit for over 20 years. He joined Sound Point in 2015 where he currently leads the firm’s opportunistic credit strategies. He serves on the firm’s Management Committee and is a member on most risk, investment and valuation committees at the firm. Mr. Sole began his career practicing law at Cravath, Swaine & Moore LLP where he focused on mergers & acquisitions and representing lenders and securities underwriters. Mr. Sole joined D. E. Shaw & Co in 2001, where he became the first analyst in the firm’s Distressed Securities Group and eventually became a portfolio manager of the firm’s U.S. Credit Opportunities strategy. He subsequently held portfolio management positions at Plainfield Asset Management and Hudson Bay Capital Management prior to joining Sound Point. Mr. Sole is a member of the Board of Directors of Vesco Oil Corporation, and the parent companies of Ecobat Technologies and Relativity Media and has previously served on the Board of Directors of Owens Corning, Schuff International and several private specialty finance companies. Mr. Sole graduated cum laude with an A.B. from Princeton University’s School of Public and International Affairs and received a J.D. from the Columbia University School of Law where he was a Harlan Fiske Stone Scholar.
David Grill, 55
Chief Financial Officer and Director Nominee
Mr. Grill joined Sound Point in 2015 and is currently Head of Strategy. Additionally, Mr. Grill serves on the firm’s Management Committee and Strategic Planning Committee and is on the Board of Advisors of Sound Point Commercial Real Estate Finance LLC, an affiliate of Sound Point. Mr. Grill is responsible for managing all of Sound Point’s strategic, product development and expansion initiatives, which has included acquisitions, capital raising, joint ventures, distribution relationships, fund formation and extensions into new products and business lines. Prior to joining Sound Point, Mr. Grill spent nine years as an investment banker at Credit Suisse, where he was a Managing Director in the Financial Institutions Group. He also developed insurance strategies and platforms for Credit Suisse Asset Management. Previously, Mr. Grill was a senior banker at Bear Stearns and Sagent Advisors and held a number of executive positions at Reliance Group Holdings. Throughout his career, Mr. Grill provided mergers and acquisitions, capital raising and strategic advisory services to a broad variety of insurance and healthcare companies, asset managers, government entities, financial institutions and private equity firms. Mr. Grill earned a B.S. in Economics from Cornell University and an M.B.A. in Finance and International Business from New York University.
Philip Bartow, 42
Head of Corporate Development
Mr. Bartow joined Sound Point in 2019 and is currently Portfolio Manager and Head of Specialty Finance and FinTech Lending Strategy. Mr. Bartow has 17 years of experience in investment management, capital markets and investment banking with a focus on specialty finance, FinTech, marketplace lending, consumer finance, structured finance, and securitized products. Among the areas Mr. Bartow focuses on are consumer credit including private label credit cards, unsecured whole loans, student loans, debt consolidation loan and charged-off loans purchase programs; small business receivables originated and serviced by payments processing companies; other FinTech opportunities such as acquisition financing and marketing spend financing within the e-commerce and new media markets; and opportunistic investing in private asset backed securities (ABS). Prior to joining Sound Point, Mr. Bartow was a Portfolio Manager at RiverNorth Capital Management, where he led all FinTech and marketplace lending investments for the firm across two funds. Prior to his four years at RiverNorth, Mr. Bartow was a Principal at Spring Hill Capital Partners, where he focused on the research and trading of consumer ABS, consumer whole loan pools, CMBS credit and CLO debt and equity. Mr. Bartow began his career in the Securitized Products Group at Lehman Brothers, where he focused on trading asset-backed securities and loans. Mr. Bartow earned a B.A. in Economics from Williams College and an M.B.A. from Columbia Business School.
Board of Directors
Sean Bratches, 61
Director
Mr. Bratches has over 30 years of public and private equity company leadership and operating experience in the media, entertainment, and sports sectors. Currently, Mr. Bratches is the Chief Commercial Officer at LIV Golf Investments, an investment platform focused on fostering the growth of the game around the globe. Previously he was a Senior Advisor to McKinsey & Company, a position he has held since 2020, and Senior Advisor to Sixth Street Partners, a position he has held since 2021. Sixth Street Partners is an affiliate of Dyal, a minority owner of Sound Point. Mr. Bratches is also currently serving as Chairman of the Board of Directors of Anuvu (formerly Global Eagle Entertainment). Prior to McKinsey, Mr. Bratches joined Formula 1 upon Liberty Media’s acquisitions of the motorsports entity and he served three years as Managing Director of Commercial Operations for Formula 1, followed by one year as Senior Advisor of Liberty Media. Prior to Formula 1, Mr. Bratches spent nearly three decades at ESPN, most recently serving as Executive Vice President of Sales and Marketing from 2005 to 2015 and Mr. Bratches served on the ESPN Board of Directors from 2004 to 2015. He is an early-stage investor in new media platforms focusing on the sports and media sectors. Mr. Bratches earned his bachelor’s degree in business administration from the Rochester Institute of Technology.
Winifred (Winnie) Park, 50
Director
Ms. Park is a retail and marketing leader with over 20 years of industry experience. Ms. Park currently serves as the Chief Executive Officer of Forever 21, an iconic fast-fashion retailer which is a subsidiary of SPARC, a joint venture between Authentic Brands and Simon Property Group. Prior to this appointment, she served as the Chief Executive Officer of Paper Source, Inc. Paper Source filed for Chapter 11 bankruptcy in 2021 following the adverse effects of the COVID-19 pandemic. Prior to the pandemic, Paper Source had achieved rapid expansion and sustained sales growth under Ms. Park’s leadership and an affiliate of Barnes and Noble acquired the company in connection with its emergence from Chapter 11. She also currently serves on the board of directors and is a member of the Audit Committee of the board of directors of Dollar Tree Stores. She previously served on the board of directors of Express, Inc., starting in June 2018, and left that role in January 2022 in connection with her appointment as the Chief Executive Officer of Forever 21. From 2006 to 2015, Ms. Park served in various roles at DFS Group Ltd including Executive Vice President of Global Marketing and eCommerce and Global Vice President of Fashion. Prior to DFS Group, Ms. Park worked for the Dockers brand at Levi Strauss & Co as Senior Director of Women’s Merchandising and prior to this role, Director of Global Strategy. Earlier in her career, Ms. Park served as an engagement manager at McKinsey & Company. Ms. Park graduated with a bachelor’s degree in Public and International Affairs from Princeton University and an MBA in Corporate Finance and Marketing from Northwestern University.
Matthew Burton, 37
Director
Mr. Burton is a Fintech and Adtech veteran with over 15 years of experience. Mr. Burton has served as a Partner at QED since August 2018, focusing on providing early-stage capital to domestic and international FinTech companies. Prior to QED, he was Chief Executive Officer and Co-Founder of Orchard Platform, a provider of loan data to financial institutions which was sold to Kabbage in 2018, which was later sold to American Express in 2020. Prior to co-founding Orchard, Mr. Burton worked in the Adtech industry at AdMeld, which was sold to Google in 2011, and LiveRail, which was sold to Facebook in 2014. Mr. Burton currently serves as a board member of Capchase, Trellis, Bitso, Wayflyer and several other FinTech companies. He earned his bachelor’s degree at Sewanee: The University of The South.
Tracy Dolgin, 62
Director
Mr. Dolgin is a media veteran with over 30 years of experience and is currently a Senior Advisor at the Raine Group LLC, a merchant bank specializing in technology, media and telecom. Mr. Dolgin joined YES Network as President and CEO in 2004 and was named Non-Executive Chairman in 2016. Mr. Dolgin transitioned from Non-Executive Chairman to Board Member in 2017 and served in that capacity until 2018. Prior to joining YES Network, he served as Managing Director and Co-Head of Houlihan Lokey’s Media, Sports and Entertainment practice. Prior to this, Mr. Dolgin was President of FOX Sports Net and also served as Chief Operating Officer of FOX/Liberty Cable. Mr. Dolgin was one of the founders of FOX Sports and served as Executive Vice President of Marketing at FOX Sports at the division’s inception in 1993. Mr. Dolgin’s prior roles include Senior Vice President of Marketing at HBO Video and product manager at General Foods. He earned a bachelor’s degree in Industrial and Labor Relations from Cornell University and an MBA from Stanford University.