Preston Hollow Capital announced it closed on a $175 million equity investment commitment from Trident VI and its affiliated investment funds managed by Stone Point Capital. Preston Hollow Capital will use the proceeds from the investment to expand the company’s municipal finance specialty origination platform and to pursue complementary strategic investments and acquisitions.
“This investment by Stone Point gives us significant capacity to fuel our growth,” said Jim Thompson, chairman and CEO of Preston Hollow Capital. “Stone Point’s expertise and track record in the financial services industry make it an ideal partner for Preston Hollow Capital’s expansion.“
Dallas, TX-based Preston Hollow is a diversified merchant bank launched in January 2014 by Jim Thompson, former president and CEO of ORIX USA.
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