Defying Industry Headwinds, Stone Point Capital Orchestrates an Epic $11.5 Billion Flagship Fund

In the realm of finance, where challenges loom large, Stone Point Capital has emerged triumphant. In the face of considerable headwinds in private equity fundraising, the investment firm has astoundingly secured $11.5 billion for its latest flagship fund, Trident X. Surpassing its $9 billion hard cap by a staggering $2.5 billion, Trident X Fund was one of the most substantial open private equity mega-funds this year.

This achievement comes amid a slumping industry trend, with private equity on track for its weakest fundraising year since 2020. Nevertheless, Stone Point’s remarkable feat redefines the narrative. The fund was bolstered by a sizeable $750 million investment from the firm and its affiliates. Proving the fund’s prowess, it has already facilitated an investment in Ultimus Fund Solutions, a reputable provider of fund administration services for registered funds, private funds, and public plans.