Corsair Capital Talks REIT Mega-Merger, Voya Financial (VOYA), Olin (OLN), More

Jay Petschek and Steven Major’s Corsair Capital Management is a New York-based hedge fund that was founded in 2002. The fund was up by 2.5% during the third quarter of 2016 and is up by 3.1% year-to-date. In its quarterly newsletter to investors, the fund wrote about the broader market theme of money moving from active funds to passive funds. They believe that this means non-index stocks are under-owned and undervalued, while the opposite is true for those in the major indices. The fund...