Stone Point Capital makes investments in the financial services industry, including insurance underwriting, insurance distribution and services, employee benefits and healthcare, asset management and banks and depository institutions. The firm has an experienced investment team and possesses specialized knowledge and proprietary deal flow in these sectors.
Stone Point Capital manages the Trident Funds and is currently investing its fourth fund, Trident IV, which has US$2.25 billion of committed capital. In December 2007, Trident IV purchased a controlling stake in Cunningham Lindsey.
Fairfax Financial Holdings Limited is a financial services holding company which, through its subsidiaries, is engaged primarily in property and casualty insurance and reinsurance. Fairfax's principal operating subsidiaries are Northbridge Financial Corporation, Crum & Forster and Odyssey Re, all of which have been under Fairfax ownership for ten or more years. At the time of the Trident IV purchase, Fairfax decided to maintain a substantial minority ownership stake Cunningham Lindsey.
The Cunningham Lindsey senior management team has invested over US$10 million to purchase a meaningful stake in the business.