Kramer Levin client Stone Point Capital LLC has entered into an agreement by which funds managed by Stone Point will acquire Sabal Capital Partners LLC. Sabal Capital is a diversified financial services firm specializing in commercial real estate, lending and investing. In addition, Sabal Investment Advisors LLC, Sabal Investment Holdings LLC and their managed funds will be merged into the Sabal platform to create a leading, vertically integrated lending, servicing and investment management platform. The deal is expected to close in August 2018.