Alliant Insurance Services Inc. received “a significant equity investment” from Stone Point Capital LLC, which now is the largest shareholder of the Newport Beach-based insurance brokerage firm.
Greenwich, Conn.-based Stone Point is a private equity firm that focuses on financial services investments. It has about $13 billion in committed capital across six funds.
New York-based Kohlberg Kravis Roberts & Co., which acquired Alliant in 2012 on undisclosed terms from Blackstone Group LP, will continue to be a “significant shareholder” in the business.
Alliant said no changes are expected that would affect Alliant’s leadership, employees or involvement in OC.
