Beach Point Capital Management stands as a multi-billion dollar investment manager with a specialization in credit-related investments. The firm adopts a versatile, value-oriented, and risk-controlled approach, emphasizing intricate and less-explored opportunities. Carl Goldsmith holds the positions of Co-Founder, Co-Chairman, and Co-CEO at Beach Point Capital Management LP, contributing over 30 years of investment experience in credit markets.
Mr. Goldsmith has successfully managed portfolios encompassing high-yield bonds, bank loans, and distressed debt. His leadership extends to orchestrating restructurings for companies facing financial distress. Before establishing Beach Point Capital, Mr. Goldsmith co-led the alternative credit business at Post Advisory Group, overseeing a multi-billion dollar portfolio. In the early 1990s, he worked in Price Waterhouse's Bankruptcy Support and Valuation departments, providing guidance to debtors and creditors in bankruptcy restructurings. Mr. Goldsmith holds a bachelor's degree in economics from the Wharton School of the University of Pennsylvania and a J.D. from UCLA Law School.
Scott Klein, also Co-Founder, Co-Chairman, and Co-CEO of Beach Point Capital Management, brings over 30 years of experience in public and private credit markets, specializing in high yield and distressed debt. Before co-founding Beach Point, Mr. Klein co-led the alternative credit business at Post Advisory Group and worked as a bankruptcy attorney. He graduated magna cum laude from the Wharton School of the University of Pennsylvania and earned a J.D. from UCLA Law School, where he served on the Law Review. Mr. Klein is actively involved in various boards, including the Board of Governors of Cedars Sinai Hospital, the Board of Trustees of Brentwood School, and the Advisory Boards of UCLA Law School and the Lowell Milken Institute for Business Law and Policy.
Beach Point Capital Management, headquartered in Santa Monica, operates as a hedge fund, serving 59 clients with discretionary assets under management (AUM) amounting to $15,908,250,014, as disclosed in their Form ADV dated August 9, 2023. The firm's commitment to transparency is evident in their Q4 2023 13F filing, which reported $250,751,349 in managed 13F securities, showcasing a top 10 holdings concentration of 99.28%.
| Fund Name: | Beach Point Capital Management |
| Manager | Carl Goldsmith And Scott Klein |
| Portfolio Value | $283,760,115 |
| Change This QTR | +0.30% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | VEL | 5,491,737 | $102,750,399 | +5% | 36.21% | ||
| 2. | DBD | 1,887,929 | $82,540,256 | 29.09% | |||
| 3. | Realogy Grp Llcalogy CoNOTE 0.250% 6/1 | 48,050,000 | $44,590,400 | +6% | 15.71% | ||
| 4. | Global Business Travel Group | 2,083,465 | $15,125,956 | -24% | 5.33% | ||
| 5. | ACHC | 355,540 | $10,779,973 | 3.8% |
| Symbol | Company | Filed By | Filing Date | Filing |
|---|---|---|---|---|
| 2025-06-17 | ||||
| 2025-05-09 | ||||
| 2024-11-13 | ||||
| 2024-10-02 | ||||
| 2024-05-10 |
