Stone Point Capital
includes Stone Point Capital Fund VI
21 statements across 3 episodes · 6 bullish · 5 bearish · 3 people on the record · first statement Jun 18, 2020 by Manny Citron · said 66 times in 7 episodes since 2017 · across every show →
Mentions by year, the whole family
brought up most by Jay Ripley (17), Ted Seides (14), Manny Citron (11), Chuck Davis (11), Tom Lenehan (7), Tom Majewski (5), Sulaiman Alderbas (1)
tap a year for its mentions
2025 17 mentions in 1 episode
2022 6 mentions in 2 episodes 3 per episode
2021 25 mentions in 2 episodes 13 per episode
2020 11 mentions in 1 episode
Everything said about Stone Point Capital, oldest first
Jun 18, 2020 neutral
Aug 9, 2021
Stone Point rejects passive agreement and demands employees challenge senior leadership
“We're big at Stone Point on everyone speaking their mind, and we do not want people to be what I would call head bobbers. You look and see what the senior people want, where they're leaning, and you bob your head that way. We want people that make an independe…”
Aug 9, 2021 positive
Aug 9, 2021
Stone Point deployed $6 billion into pre-existing relationships during COVID-19
“During COVID, Where you couldn't meet management teams. We did 17 deals. We put six billion dollars to work in 17 companies, and we knew those management teams on average for over nine years, and we knew those sectors and studied them on average over 15 years.”
Aug 9, 2021 positive
Aug 9, 2021 positive
Conducting multi-year research enables investors to act instantly on target opportunities
“We wanted to have this elongated, bass-ackwards investing where you do your homework ahead of time and you really know what you want to do, and then when the opportunity comes, you can move instantly, but when you see an opportunity that you haven't done the m…”
Aug 9, 2021
Elite operators are domain specialists, not generalist corporate managers
“Many of these folks have lived in their world their whole life, and they just know it inside and out. If you ask them to run another business, they're not Six Sigma GE trained people who can go from light bulbs to jet engines. They don't want to. They're in th…”
Aug 9, 2021 bearish
Following 2008, 29 of 31 evaluated independent Florida banks were technically insolvent
“There were 31 banks in Florida. Of any consequence that weren't owned by Citi, Bank of America, or someone from out of state. We called on 29 of those 31 banks. Every one of them was technically insolvent. Their liabilities were greater than the fair market va…”
Aug 9, 2021 neutral
Stone Point refuses to sell GP stakes to maintain internal partner control
“Having said that, the team here really is happy with Themselves and with each other, and we constantly discuss this type of thing, and we really want to control our own destiny, and we don't want other people at the table other than the people here that are ev…”
Aug 9, 2021 negative
Private equity deal pricing is rising sharply from already high levels
“We're seeing pricing going up quite a bit from already high levels, and I think some of that is a function of Okay, here we go back to hopefully a normal environment. Some of that is interest rates and leverage capability, and some of that is just, okay, now I…”
Aug 9, 2021 positive
Stone Point builds sector relationships for years before investing
“At a stone point where we have a Strategy of a proactive multi-year outbound targeted search, and it's kind of slow twitch muscle investing because you spend years studying a sector, meeting people, interacting with them, learning, adding value, developing rel…”
Aug 9, 2021
Aug 9, 2021 positive
Aug 9, 2021
Aug 9, 2021 bearish
The days of solo fund managers raising multi-billion-dollar firms are numbered
“If you want to own your own business, it's very tough to hang a shingle now and say, hi, I'm Dineker saying I'm Eric Midnich, give me five billion dollars. Those days are pretty numbered. There's very few people that can do that.”
Aug 9, 2021 positive
Stone Point experiences almost zero employee turnover following its two-year associate program
“We tend to handpick people right out of the Wall Street training programs and really invest heavily in them, and they invest in us, and they end up staying and becoming permanent members of our team, and the turnover here has been almost zero after the two-yea…”
Aug 9, 2021 negative
PE firms compete with strategics using higher leverage and creative EBITDA adjustments
“Right now, private equity firms are very competitive with strategics, so businesses that are leverageable, people will put a lot more leverage often on businesses than we will.
People often will adjust EBITDA in ways that are quite creative.”
Aug 9, 2021
Aug 9, 2021
Successful investments naturally create their own exits regardless of upfront plans
“This is not meant to be a glib comment, but if this business succeeds,
There'll be lots of exit alternatives.
If this business does not succeed, all the things we tell you today about how wonderful the exit options will be are not going to be there.”
Aug 9, 2021
Nov 10, 2025 negative
Ripley: PE firms typically dictate plans rather than seek consensus
“In many cases, we were really forced to come to a consensus with the management team in a way that I later learned you wouldn't normally see in private equity. Usually it's here's the plan and you can either do it or I'm going to fire you.”