Asset Management
What's New In Investments, Funds? – Stone Point Capital
The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.
Stone Point Capital
Stone
Point Capital, a private equity firm working with financial
services and related industries, has held the final closing of
its tenth private equity fund, Trident X, with $11.5 billion in
total commitments.
Trident X, which beat its original target and limit of $9 billion, is about $2.5 billion larger than Trident IX, a $9 billion fund, which closed in 2022.
The firm said it achieved strong support from its existing investor base, as well as first-time commitments from institutional investors globally. General partner and affiliated entities contributed about $750 million.
Trident X started its investment period in May 2025 and has closed on one investment to date – Ultimus Fund Solutions, a provider of full-service fund administration services.
Debevoise & Plimpton LLP acted as legal counsel for Stone Point in connection with the formation of Trident X.
Stone Point has more than $65 billion of assets under management across its private equity and credit platforms. It mainly operates in North America and Western Europe.
