Investment Firm Stone Point Successfully Closes Tenth Flagship Fund with $11.5 Billion in Promised Capital Commitments

Stone Point Capital Closes Tenth Flagship Fund, Trident X, with $11.5 Billion in Commitments

Stone Point Capital, a leading private equity firm with over 30 years of experience in the global financial services industry, has officially closed its tenth flagship fund, Trident X. The fund has garnered a total of $11.5 billion in commitments, surpassing its initial target of $9 billion and hard cap.

The firm's leaders, including Chairman and Co-CEO Chuck Davis and Co-CEO Jim Carey, believe in the extensive network Stone Point Capital has for sourcing investment opportunities. They are committed to proactively identifying exceptional owner-operators in the global financial services industry and helping them build lasting value in their businesses, with Trident X being a significant part of this mission.

Trident X saw strong backing from existing investors and new commitments from leading global institutional investors. Debevoise & Plimpton served as legal counsel for the formation of Trident X. No specific names of the global institutional investors have been disclosed.

Stone Point Capital's senior leadership, in place since 1998, has consistently demonstrated a knack for structured buyouts and carve-outs, partnering with experienced management teams across 10 active verticals. To date, the firm has invested in over 160 companies.

Chuck Davis expressed gratitude to the firm's limited partners for their continued trust and support, while Jim Carey believes the consistency of the team, strategy, and results gives Stone Point Capital a distinct advantage in sourcing investments.

The investment period for Trident X began in May 2025. Stone Point Capital remains focused on creating value for its investors with this fund. The enduring strength of the Trident Funds, spanning over 30 years and various market cycles, is a testament to the firm's resilience and success. General partners and affiliated entities contributed around $750 million to Trident X, but no further details about these contributions were provided.

As Stone Point Capital continues to grow and evolve, it remains committed to its mission of partnering with exceptional businesses in the financial services sector and helping them reach their full potential.

Investment Firm Stone Point Successfully Closes Tenth Flagship Fund with $11.5 Billion in Promised Capital Commitments