Saturday, 30 July 2016
Last updated 4 hours ago
Sep 18 2007 | 9:52am ET
Greenwich, Conn.-based Stone Point Capital recently held a final closing for its latest private equity fund, Trident IV, L.P., with capital commitments of $2.25 billion.
Trident IV will commit $25 million to $350 million to investments in the global insurance and financial services industries.
“The fund will continue the focused investment strategy that has been developed for the Trident Funds over a period of more than 20 years,” said Charles Davis, CEO of Stone Point Capital. “We believe the industry expertise and extensive contacts of the Stone Point team in the global insurance and financial services industries will continue to provide a strong competitive advantage as we work to identify attractive investments and enhance the value of portfolio companies.”