Corsair Capital Management provides discretionary investment advice to private investment funds. They invest primarily in publicly-traded equity securities of U.S. and Canadian corporations, focusing on companies undergoing financial restructuring. Corsair's clients are generally high net worth individuals and institutional investors.
Fee Structure
Corsair Capital Management manages investments for private funds and receives compensation in the form of management fees and performance-based fees. Management fees are paid quarterly in advance and are a percentage of the fund's net asset value. Performance-based fees are a percentage of the increase in net asset value, subject to a high water mark. The specific fee arrangements vary among the different private funds.