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Announced

Stone Point Capital to invest $105m in TriState Capital.

Synopsis

Investment company Stone Point Capital agreed to invest $105m in TriState Capital, a bank holding company. "We are well positioned with growth capital through 2021 and have never been more excited about the opportunities we’re positioned to take advantage of than we are at this moment. Stone Point shares our confidence in TriState Capital’s ability to excel in the current economic environment by remaining squarely focused on providing exceptional service to our sophisticated clients and to financial intermediaries," James F. Getz, TriState Capital Chairman and CEO.

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