Company Overview of Corsair Capital LLC
Corsair Capital LLC is a private equity firm specializing in investments in recapitalizations, growth capital, transformational capital, management buyouts, special situations, and distressed investing. The firm invests growth capital in emerging markets, established businesses and de novo companies including acquisitions, new market expansion, and new product roll out. It invests in transformational capital including divestitures of non-core assets by large conglomerates due to parent company distress; change of parent company management; subsidiary regulatory capital requirements; a desire of the company’s management team to become an independent operating company or a realization that the...
717 Fifth Avenue
New York, NY 10022
Founded in 1992
Key Executives for Corsair Capital LLC
Managing Director; Executive Director
Chief Financial Officer and Chief Operating Officer
Compensation as of Fiscal Year 2013.
Corsair Capital LLC Key Developments
Corsair Capital LLC Presents at The 17th Annual SuperReturn International 2014, Feb-26-2014 05:40 PM
Nov 26 13
Corsair Capital LLC Presents at The 17th Annual SuperReturn International 2014, Feb-26-2014 05:40 PM. Venue: InterContinental, Berlin, Germany. Speakers: Clifford V. Brokaw, Managing Director.
NewStar Financial Reportedly Up For Sale
Sep 19 13
NewStar Financial, Inc. (NasdaqGS:NEWS), backed by Capital Z Partners Management, LLC and Corsair Capital LLC is exploring a sale, according to people with knowledge of the matter. NewStar is working with Credit Suisse Group AG to solicit offers, said one of the people, who asked not to be identified because the process is confidential. Share price of of NewStar rose 13% to $17.76. According to Bloomberg, Robert Brown, a spokesman for NewStar, declined to comment, as did Credit Suisse spokesman Jack Grone and Robert Siegfried at Corsair and spokesmen at Capital Z and the three regional banks didn’t immediately reply to requests for comment.
Temasek Reportedly Made Preliminary Approach To Acquire Stake In Lloyds Banking; Temasek Denies
Jul 7 13
Temasek Holdings (Private) Limited as well as a consortium led by Lord Mervyn Davies has made a preliminary approach to the government about buying stake in Lloyds Banking Group plc (LSE:LLOY) from UK Financial Investments Limited, reported the Sunday Times. An initial placing of a small tranche of shares with Lloyds’ existing institutional investors could be launched within weeks. The consortium led by Davies reportedly includes Corsair Capital LLC, Standard Life plc (LSE:SL.) and sovereign wealth funds from Norway, Singapore, Abu Dhabi, Qatar and Kuwait. Temasek is reportedly looking to acquire only a 10% stake in Llyods which is valued at about £4.6 billion, while the Davies led consortium could be looking for a larger stake valued at about £10 billion. UK Financial Investments had set a deadline of July 8, 2013, for investment banks to submit proposals for managing the sale. However, Temasek has confirmed it had not approached the UK government as to the purchase of a part of state's shareholdings in Lloyds Banking Group. A spokesperson for Temasek said that the company does not respond to market speculation, the UK Financial Investments, the government office managing the state's shareholdings declined to make any comment. Lloyds Banking Group also did not provide any comment on the matter.
Similar Private Companies By Industry
Recent Private Companies Transactions