Stone Point Raises $2.25B For Fourth Private Equity Fund

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.”

 


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Ex-Hedge Fund Billionaire Won’t Run For Senate

Jan 23 2015 | 5:48am ET

Ex-hedge fund manager Tom Steyer will not run for Senate after Sen. Barbara Boxer...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note