Sandstone Peak LTD.
Sandstone Peak LTD. is a securitized asset fund organized in Cayman Islands and advised by Beach Point Capital Management LP. Its adviser reported $453,975,000 in gross assets for the fund on Form ADV, filed Nov 8, 2024. It reported 10 beneficial owners, about 8% of it owned by non-U.S. persons. The minimum investment it accepts is $100,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $453,975,000As reported on Form ADV
- Beneficial owners
- 10
- Minimum investment
- $100,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Securitized asset fund
- Domicile
- Cayman Islands
- Custodian
- U.S. Bank Trust Company, National Association
- Adviser
- Beach Point Capital Management LP · Santa Monica, CA · CRD 148885
- Reported on
- Nov 8, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about Sandstone Peak LTD.
What is the minimum investment for Sandstone Peak LTD.?
According to its adviser's Form ADV filed Nov 8, 2024, the minimum investment Sandstone Peak LTD. accepts is $100,000.
Who can invest in Sandstone Peak LTD.?
Sandstone Peak LTD. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is Sandstone Peak LTD.?
Its adviser reported $453,975,000 in gross assets on Form ADV filed Nov 8, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages Sandstone Peak LTD.?
Sandstone Peak LTD. is advised by Beach Point Capital Management LP, based in Santa Monica, CA.
Other funds advised by Beach Point Capital Management LP
- Beach Point Loan Master Fund, L.P.$628M
- Beach Point Dynamic Income Master Fund, L.P.$607M
- Beach Point Total Return Master Fund, L.P.$436M
- Sandstone Peak III LTD.$404M
- Sandstone Peak II LTD.$397M
- Beach Point Multi-Strategy Credit Master Fund, L.P.$218M
- Beach Point Strategic Master Fund, L.P.$172M
- Beach Point Enhanced Securitized Credit Master Fund LP$67.0M