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Hedge Fund - Corsair Capital Management

Jay Petschek And Steven Major Bio, Returns, Net Worth

Corsair Capital Management is a value-driven investment manager established in 2002. It sees opportunity in distressed companies and those otherwise in the process of restructuring. Corsair Capital Management vets each company carefully, looking for any discrepancy between a company's price and its intrinsic value. "The global economy's strength leads us to believe companies will exit the sidelines with renewed confidence and deploy cash for strategic acquisitions," says Corsair Capital Management. "Market multiples remain below historic averages and the capital markets are open; companies can now afford to strategically position themselves to benefit from higher growth in emerging markets, gain access to resources, improve cost structures, and so forth."

Corsair Capital Management is a value-driven investment manager established in 2002. It sees opportunity in distressed companies and those otherwise in the process of restructuring. Corsair Capital Management vets each company carefully, looking for any discrepancy between a company's price and its intrinsic value. "The global economy's strength leads us to believe companies will exit the sidelines with renewed confidence and deploy cash for strategic acquisitions," says Corsair Capital Management. "Market multiples remain below historic averages and the capital markets are open; companies can now afford to strategically position themselves to benefit from higher growth in emerging markets, gain access to resources, improve cost structures, and so forth."

Jay Petschek co-founded Corsair Capital Management in 1991, at which time he was a Senior Managing Director at Ladenburg Thalmann & Co. Jay Petschek spent 10 years in corporate finance there and another two as Director if the firm's Research Department.

Before joining Ladenburg in 1984, Jay Petschek was an Assistant Treasurer in the World Corporate Department at Bankers Trust Company. Jay Petschek has a BA in Applied Mathematics from Harvard College, which he received in 1980, and an MS in Management from MIT's Sloan, which he received in 1982. Jay Petschek co-founded Corsair Capital Management with Steven Major, who is also a Principal at the firm.

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Jay Petschek And Steven Major
Fund Profile
Filing Period:
Fund Name: Corsair Capital Management
Manager Jay Petschek And Steven Major
Portfolio Value $722,673,000
Change This QTR +0.90%
Fund Holdings Sector Distribution
Filing Period:
Last update:
No. Security Ticker Shares Value (x$1000) Activity % Port
1. AON 381,250 $39,822 -6% 5.51%
2.
Orbital Atk Inc
429,377 $37,330 -21% 5.16%
3. KAR 912,928 $34,819 -25% 4.81%
4. RHP 667,168 $34,346 -17% 4.75%
News, Interviews and Investor Letters
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