S tephen Ketchum is a self-made American billionaire who is the founder and chief investment officer of the alternative investment management firm, Sound Point Capital Management. After a successful career in investment banking and as an executive at another investment firm, he founded Sound Point in 2008. The firm specializes in credit-related investments, with a focus on leveraged loans, high-yield bonds, and other credit assets.

He has built Sound Point into a major player in the credit market, with tens of billions of dollars in assets under management. The firm's success has made him a major figure in the alternative investment industry. His billion-dollar fortune is derived from his founding stake in the highly successful and privately held investment firm he created.