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     425  0 Kommentare Stone Point Capital Commences the Investment Period of Trident VI, L.P.

    GREENWICH, CT--(Marketwired - Jul 2, 2014) - Stone Point Capital LLC, a financial services-focused private equity firm based in Greenwich, Connecticut, today announced the start of the investment period for its sixth private equity fund, Trident VI, L.P., with total capital commitments of $4.5 billion. Trident VI is the successor to Trident V, a $3.6 billion private equity fund formed in 2010. Stone Point Capital held the final closing of Trident VI earlier this year with strong support from existing investors and first-time commitments from a number of leading institutional investors.

    "We are pleased to announce the start of the investment period of Trident VI," said Chuck Davis, the CEO of Stone Point Capital. "Trident VI will continue the proactive investment sourcing strategy that the Trident Funds have executed and developed over many years. We believe our team's industry expertise and relationships will provide a strong competitive advantage as we work to identify investments in the financial services industry and enhance the value of our portfolio companies."

    Jim Carey, a Senior Principal of Stone Point Capital, added, "We believe that our focus on the financial services sector, our long-term track record and our flexible and entrepreneurial investment approach position Stone Point Capital to attract talented management teams and to work in active partnership with them to create value for our investors."

    Debevoise & Plimpton LLP acted as legal counsel for Trident VI.

    About Stone Point Capital LLC
    Stone Point Capital LLC is a financial services-focused private equity firm based in Greenwich, Connecticut. The firm has raised six private equity funds -- the Trident Funds -- with aggregate committed capital of approximately $13 billion. In addition to the capital invested by the Trident Funds, Stone Point Capital has secured approximately $7 billion of equity co-investments since 2001. Stone Point Capital targets investments in the global financial services industry, including investments in companies that provide outsourced services to financial institutions, banks and depository institutions, asset management firms, insurance and reinsurance companies, insurance distribution and other insurance-related businesses, specialty lending and other credit opportunities, mortgage services companies and employee benefits and healthcare companies. For further information about Stone Point Capital, see www.stonepoint.com.

    Contact Information:
    Chuck Davis
    Stone Point Capital LLC
    (203) 862-2900





    Verfasst von Marketwired
    Stone Point Capital Commences the Investment Period of Trident VI, L.P. GREENWICH, CT--(Marketwired - Jul 2, 2014) - Stone Point Capital LLC, a financial services-focused private equity firm based in Greenwich, Connecticut, today announced the start of the investment period for its sixth private equity fund, Trident VI, …