Beach Point Capital Management LP
Beach Point Capital Management LP is a global investment manager headquartered in Santa Monica, California. Founded in 2009, the firm specializes in credit-related investments with a value-oriented, flexible approach. Serving institutional clients globally, it employs approximately 159 professionals and manages over $23 billion in assets. Beach Point combines multi-cycle experience with creative capital solutions, focusing on disciplined risk management and sustainable returns for its investors.
Investment Strategy
Beach Point Capital employs a flexible, value-oriented investment approach, specializing in credit-related opportunities across private and public markets. The firm invests in both liquid and illiquid instruments—including corporate credit, structured credit, and private credit—leveraging fundamental, bottom-up analysis. Its strategies include distressed debt, direct lending, and special situations, with an emphasis on adapting to changing markets. Beach Point utilizes deep sector knowledge, thorough risk assessments, and active portfolio management to generate attractive, sustainable returns for a broad range of clients.
Top Holdings
Equity Positions (7)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VEL | VELOCITY FINL INC | 44.14% | $97.5M | 5,377,451 | $9.91 | $18.14 | -$731.0K |
D DBD | DIEBOLD NIXDORF INC | 35.01% | $77.4M | 1,356,777 | $18.94 | $57.03 | -$9.6M |
C CTEV | CLARITEV CORPORATION | 10.22% | $22.6M | 425,578 | $11.69 | $53.08 | +$3.7M |
A ACHC | ACADIA HEALTHCARE COMPANY IN | 3.98% | $8.8M | 355,540 | $39.65 | $24.76 | +$736.0K |
G GBTG | GLOBAL BUSINESS TRAVEL GROUP | 1.77% | $3.9M | 483,197 | $6.00 | $8.08 | -$947.7K |
Options Positions (9)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
H HYG | ISHARES TR | Bought | Put | $2.8M | 80,000 | $81.19 | $80.85 | +33,992 | -$224.0K |
S SLM | SLM CORP | Bought | Put | $2.7M | 7,185 | $27.68 | $27.66 | +5,567 | +$2.4M |
A AGNC | AGNC INVT CORP | Sold | Put | $436.3K | 35,619 | $9.79 | $9.19 | -20,175 | -$228.3K |
S SPY | SPDR S&P 500 ETF TR | — | Put | $18.0K | 750 | $666.18 | $586.08 | 0 | -$51.0K |
Q QQQ | INVESCO QQQ TR | — | Put | $14.0K | 500 | $600.37 | $511.23 | 0 | -$41.0K |