Company: AXS-PE
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001214816-25-000088
Chunk: 15

Company: AXIS CAPITAL HOLDINGS LTD
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 15
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14.5% of Pantheon. During 2024, no fees were paid to Freedom Financial Asset Management, LLC.

• We have a $92 million investment in Stone Point’s private equity fund, Trident VIII L.P. ("Trident VIII") and co-investments of $30 million. In 2024, we paid and accrued $4 million in fees to Stone Point in connection with our investment in Trident VIII. We pay no fees to Stone Point in connection with our co-investments.

• We have a $39 million investment in Stone Point's private equity fund, Trident IX L.P. ("Trident IX"). In 2024, fees paid to Stone Point in relation to Trident IX were $3 million.

• We have a $48 million investment in Rialto Real Estate IV-Property ("Rialto") and co-investments of $23 million with Rialto Real Estate Fund IV-Property, a fund managed by a portfolio company of Stone Point’s private equity fund, Trident VII L.P. In 2024, we paid Rialto Capital Management $2 million in fees in connection with these investments.

• We have a $18 million investment in Stone Point Credit Corporation. In 2024, $500,000 in fees were paid relating to this investment. In addition, we have a $18 million investment in Stone Point Credit Corporation bonds. In 2024, AXIS earned $1 million in interest in connection with this transaction. The coupon rate on the bonds is 5.83%.

• We have a $7 million investment in a loan to Eagle Point Credit Management LLC, which is majority-owned by Trident IX. In 2024, AXIS earned $700,000 in interest in connection with this transaction.

• We have a $6 million investment in cumulative preferred shares of Aspida Holdings Ltd. This investment was syndicated to the Company by Stone Point.

• We have a $43 million investment in Monarch Point Re, a collateralized reinsurer which is jointly sponsored by the Company and Stone Point. In 2024, we paid Stone Point $1 million in fees in connection with this investment.

• We have committed up to $25 million in Stone Point's private equity fund, Trident X L.P. ("Trident X"). In 2024, there were no capital calls or funding obligations, and as such no fees were paid to Stone Point in relation to Trident X.

| AXIS 2025 Proxy Statement |     | 21 |

| Corporate Governance