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Stone Point Capital, manager of the Trident Funds, is a global private equity firm based in Greenwich that has raised more than $26 billion in committed capital. Stone Point Capital primarily targets investments in the insurance and financial services industries including, insurance underwriting, distribution and services, benefits and healthcare, asset management and retirement savings, and banking and depository institutions. Stone Point Capital manages the Trident Funds and is currently investing its fifth fund, Trident V, L.P., which has $3.5 billion of committed capital. Prior funds include Trident IV, a $2.25 billion fund raised in 2007, Trident III, a $1.1 billion fund raised in 2004, Trident II, a $1.4 billion fund raised in 1999, and The Trident Partnership a $667 million fund raised in 1994. The Trident Funds target investments with aggregate commitments generally between $75 million and $750 million, although the fund has the ability to make much larger investments. Trident generally seeks a control or substantial minority position in its portfolio companies, with board representation and customary shareholder rights.
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