Sound point capital to acquire assured investment management, and receive $1 billion investment commitment from assured guaranty

New york--(business wire)--sound point capital management, lp, a credit-oriented investment manager overseeing approximately $32 billion in total assets, is pleased to announce that it has entered into an agreement to acquire assured investment management llc and certain of its related asset management entities (“assured-im”), which conducts the institutional asset management business of assured guaranty ltd. (together with its affiliates, “assured guaranty”).
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