The firm is said to be nearing a final close for the fund.
Last year it was reported that Trident VI had secured a $60m commitment from the Tennessee Consolidated Retirement System.
Stone Point has to date raised five funds with aggregate capital of $9bn and close to $6bn of additional equity co-investments and commitments.
The firm is currently investing its fifth fund, Trident V, which has $3.5bn of capital. Prior funds include Trident IV, a $2.25bn fund raised in 2007; Trident III, a $1.1bn fund raised in 2004; Trident II, a $1.4bn fund raised in 1999; and The Trident Partnership, a $667m fund raised in 1994.
Stone Point’s Trident V fund was generating an IRR of four per cent as of the end of June 2013, according to CalPERS data.
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