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Cornellians in Private Equity

Stephen Friedman

B.A. '59

Stone Point Capital (Greenwich, CT)


Mr. Stephen Friedman serves as a Senior Advisor at Crestview Partners, L.P. Mr. Friedman also serves as a Special Limited Partner and Member of Executive Advisory Board of Insight Venture Partners. He serves as Senior Advisor and Chairman at Trident Fund V, L.P. He was an employee of Marsh & McLennan Companies, Inc. Mr. Friedman served as Chairman of Goldman, Sachs & Co., which he joined in 1966 and became a Partner in 1973. He served as Vice Chairman and Co-Chief Operating Officer from 1987 to November 1990 and, a Co-Chairman or Chairman from 1990 to 1994. Mr. Friedman serves as the Chairman of Stone Point Capital LLC and joined it in 1998. He served as a Non Executive Chairman and a Director of Alterra Holdings Limited (formerly Harbor Point Limited) since October 2005. He served as the Chairman of The Federal Reserve Bank of New York since January 2008 until May 2009 and Director until May 2009. He serves as a Director of In-Q-Tel, Inc. He has been a Director of The Goldman Sachs Group, Inc. since April 2005. Mr. Friedman is a Board Member of the Trident Fund portfolio companies NXT Capital, LLC and Sedgwick Claims Management Services, Inc. He serves as a Board Member at the Council on Foreign Relations, Inc. and Goldman, Sachs & Co. He served as a Board Member of Defense Business Board. Previously, Mr. Friedman served as a Director of portfolio companies of the Trident Funds including AXIS Capital Holdings Limited, AMS Service, Inc., Sedgwick CMS Holdings, Inc., and Vertafore, Inc. He served as a Director of Wal-Mart Stores and Fannie Mae. Mr. Friedman serves as the Chairman of the President’s Foreign Intelligence Advisory Board and Intelligence Oversight Board. He also served as the Chairman of the Board of Trustees of Columbia University and the Chairman of the Executive Committee of The Brookings Institution. He is a Trustee at Sloan-Kettering Cancer Center. He has been a Trustee at The Aspen Institute since April 2006. He serves as a Trustee at the Markle Foundation and the National Bureau of Economic Research, a Member of The Trilateral Commission and a Member of the Aspin and Brown Commission on the Roles and Capabilities of the United States Intelligence Community. Mr. Friedman also served as a Law Clerk to Federal District Judge and an Attorney at S.D.N.Y. in New York, from 1963 to 1966. From December 2002 to December 2004, he served as an Assistant to the President George W. Bush for Economic Policy and Director of National Economic Council.


Mr. Friedman holds a Bachelor’s degree from Cornell University and an LL.B. from Columbia Law School, where he was a Member and Editor of the Law Review.