Freepoint Commodities is a merchant of physical commodities and a financer of upper- and mid-stream commodity-producing assets.
In addition, the company provides physical supply services and related structured solutions for counterparties. The company was founded in 2011 by Trident V and a senior management team that previously led Sempra Energy Trading Corporation and its successor company from 1998 until 2009.
INTRODUCTION TO CLIENTS & PARTNERS
Stone Point facilitated an introduction to a Trident fund limited partner that invested equity alongside Freepoint in an acquisition of a midstream pipeline. Stone Point’s relationships with investors have helped Freepoint secure investors for its merchant banking deals.
M&A SOURCING
Stone Point helped Freepoint evaluate a number of strategic acquisitions. In addition, Stone Point helped the company acquire a proprietary trading system.
BUSINESS & PRODUCT DEVELOPMENT
Stone Point provided additional equity capital to expand Freepoint’s product line and geographic presence.
EXECUTIVE RECRUITING & ALIGNMENT
Stone Point provided significant assistance in recruiting several top traders and assisted the founders in developing an incentive program for key management.
CAPITAL RAISING & STRUCTURING
Stone Point provided bridge financing to support a large acquisition, and helped to negotiate the initial line of credit.
OPERATIONAL ASSISTANCE & GOVERNANCE
Stone Point provided significant assistance with the build-out of Freepoint’s infrastructure, including helping to identify office space, developing an operating budget, and selecting technology and other vendors.