Financial services private investment firm
Gallatin Point Capital
- HeadquartersGreenwich, CT S6
- Founded2016 S2
- Websitegallatinpoint.com
- Last verifiedOctober 20, 2026
At a glance
| Assets under management | $5.7B (as of Jul 2026) S1 |
|---|---|
| Check size | $50M to $200M S3 |
| Deal types | Platform, Minority, Growth S3 |
| Sectors | Insurance Brokerage |
What Gallatin Point Capital buys
Gallatin Point Capital is a Greenwich, Connecticut firm that focuses on financial services and financial assets: insurance carriers and reciprocal exchanges, managing general agents, insurance brokers, banks, specialty lenders and asset managers. Co-founders Matthew Botein and Lee Sachs started it in 2016, and it manages about $5.7 billion as of July 2026. A typical investment is $50 million to $200 million.
Most of its equity deals are structured rather than classic buyouts. Gallatin often supplies the starting capital for a new insurer or reciprocal exchange, buys preferred or convertible stock, or recapitalizes a balance sheet, though it also does buyouts and growth rounds. It backs start-ups, growing companies and mature institutions, with majority or minority ownership. A separate Income Strategies pool makes credit and asset-backed investments. Gallatin is not a buyer for most Main Street businesses, but it can be a capital partner for an insurance distributor, MGA, lender or asset manager that needs a large, flexible check.
Recent deals
Announced in the 24 months before October 20, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Feb 2026 | DS2 CapitalPreferred equity and a CLO fund commitment to launch a new credit manager led by Stephen Riddell | Growth | Source | |
| Dec 2025 | HometapLed a $50 million preferred equity round for the home equity investment company | Growth | Source | |
| December 2025 | Corinthian FundLed the capital raise and launch of a Lloyd's syndicate investment vehicle, with Acrisure | Investment | Source | |
| May 2025 | AcrisureConvertible senior preferred stock in the retail and wholesale insurance broker | Minority | Insurance Brokerage | Source |
| Mar 2025 | Builder Reciprocal Insurance ExchangeAgreed to fund $95 million of notes to launch a Baldwin-sponsored homebuilder insurance exchange | Investment | Source | |
| Jan 2025 | Phoenix HoldingsSold its remaining stake in the Israeli insurance and asset management group, alongside Centerbridge | Exit | Source | |
| November 2024 | Israel Discount Bank of New York$150 million strategic investment to help the bank grow | Minority | Source |
Portfolio by sector
From the firm's portfolio page S4.
Asset Management
- Boyd Watterson Asset Management
- Corinthian Fund
- DS2 Capital
Banking
- Forbright
- Israel Discount Bank of New York
- Varo Bank
Life and Health Insurance
- Insurance Supermarket International
- Knighthead Annuity & Life Assurance Company
P&C Insurance
- Acrisure
- At-Bay
- Bowhead Specialty Underwriters
- Builder Reciprocal Insurance Exchange (BRIE)
- Canopius
- CrossCover Insurance Services
- Delos Insurance Solutions
- Honey Insurance
- James River Group Holdings
- Pie Insurance
- Tower Hill Insurance Exchange
- Trusted Resource Underwriters Exchange (TRUE)
- Victor Insurance Exchange
Real Estate/Assets
- Sunraycer Holdings
Specialty Finance
- College Ave
- Hometap
Past investments: Phoenix Holdings, First Investors Financial Services
Greymont’s take
How Gallatin Point Capital fits a seller
Gallatin Point suits a narrow group of owners: founders and managers of insurance distribution or underwriting businesses, specialty lenders and asset managers who need significant capital without necessarily giving up control. Its recent deals show the pattern. It bought convertible preferred stock in Acrisure in May 2025, led a $50 million round for Hometap in December 2025, and funded the launch of DS2 Capital in February 2026. These are partnerships with existing managers, not traditional company sales.
Owners talking to Gallatin should ask what security it is buying (common equity, preferred stock or notes), what return and control rights come with it, and how and when it expects to exit. Businesses that need much less than its typical $50 million check are unlikely to be a fit.
Questions owners ask
What size investment does Gallatin Point make?
Its approach page puts a typical investment at $50 million to $200 million. That capital can take the form of majority or minority equity, structured debt or preferred stock, or asset purchases.
Does Gallatin Point invest in insurance agencies and brokers?
Yes, as part of its insurance focus. It bought convertible preferred stock in Acrisure, a retail and wholesale broker, in May 2025, and it backs underwriting agencies and digital distributors such as Delos, CrossCover and Insurance Supermarket International.
Does Gallatin Point buy companies outright?
Sometimes. Its transaction types include buyouts, such as First Investors Financial Services in 2020, but most of its investments are balance sheet capital, recapitalizations or growth funding for financial companies.
Sources
- S1Gallatin Point Capital home page (at a glance as of 2026-07-28) Accessed October 20, 2026
- S2Gallatin Point Capital: About Accessed October 20, 2026
- S3Gallatin Point Capital: Approach and how we invest Accessed October 20, 2026
- S4Gallatin Point Capital: Investments Accessed October 20, 2026
- S5Gallatin Point Capital news Accessed October 20, 2026
- S6Capital Constellation Forms Strategic Partnership with Gallatin Point Capital (February 23, 2026) Accessed October 20, 2026
- S7Gallatin Point investment: Acrisure Holdings Accessed October 20, 2026
- S8Hometap Secures $50 Million from Gallatin Point (Business Wire, December 9, 2025) Accessed October 20, 2026
- S9Stephen Riddell and Gallatin Point Launch DS2 Capital (Business Wire, February 5, 2026) Accessed October 20, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Gallatin Point Capital. Figures are as reported on the dates shown and may have changed. Request a correction