Stone Point Capital is a private equity firm based in Greenwich, Connecticut. The firm focuses on investments in the various global financial services industry.
Stone Point Capital has raised and manages 5 Trident Funds with aggregate committed capital of USD 9 billion:
- The Trident Partnership, 1994, USD 667 million
- Trident II, 1999, USD 1.4 billion
- Trident III, 2004, USD 1.1 billion
- Trident IV, 2007, 2.25 billion
- Trident V, L.P., current, USD 3.5 billion of committed capital.
The firm prefers equity investments of between USD 50 million and USD 350 million. However, larger investments can be considered as well.
Stone Point strategies to enhance its portfolio companies:
- recruit talented management and assist the development of the business
- work on business plans and strategic objectives closely with management teams
- employ its experience in working with regulators in various countries
- assist in reporting and risk management
- work on the optimal capital structure over time with management teams
- develop and execute optimal exit strategies.
Some of the firm’s current investments:
Access Point Financial Inc. (2011, Commercial Finance), AloStar Bank of Commerce (2011, Banking), Freepoint Commodities LLC (2011, Commodities Merchant), C3/CustomerContactChannels (2011, Business Process Outsourcing), Prima Capital Advisors, LLC (2011, Asset Management), Trident V Credit Holdings, L.P. (2011, Asset Management), HCBF Holding Company, Inc. (2010, Banking) and NXT Capital, LLC (2010, Commercial Finance).
Some of the firm’s prior investments:
ACE Limited (1985, Insurance and Reinsurance), Vertafore, Inc. (1999, Insurance Outsourcing), MetLife, Inc. (2000, Insurance), Enstar Group Limited (2001, Insurance Run-Off), Signal Holdings LLC (2002, Warranty), James River Group, Inc. (2002, Insurance), CompWest Insurance Company (2004, Insurance) and ZC Sterling Corporation (2005, Mortgage Services).
On August 24, 2011, Choice Hotels International, Inc. announced their partnership with Access Point Financial, Inc. Access Point Financial is a lending and advisory platform formed by Stone Point Capital LLC.
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