Corsair related stories
All articles and analysis
Friday Letter: Going for growthBig buyouts are still on the menu, but some firms have lost their appetite and are turning their attention to smaller, growth investments.
- Corsair and Palamon take equal stakes in Currencies Direct
The US and UK firms will split the majority stake and share two board seats in the UK foreign exchange company.
- Palamon and Corsair to buy Currencies Direct
Palamon Capital Partners and Corsair Capital have agreed to acquire Currencies Direct, a provider of foreign exchange solutions. The value of the transaction is over 200 million pounds. The deal is expected to be completed before the end of the year.
- Blackstone, Corsair clinch $4 billion deal for First Eagle: Reuters
Private equity firms Blackstone Group LP and Corsair Capital have agreed to acquire a majority stake in First Eagle Investment Management, valuing the company at around $4 billion including debt, First Eagle announced on Monday.
- Blackstone, Corsair to buy First Eagle
The Blackstone Group and Corsair Capital, along with unnamed clients of the firms, have agreed to buy a majority of First Eagle Investment Management. The deal values the company at about $4 billion, including debt, Reuters News said. The family of John Arnhold, First Eagle's chairman and CIO, are the sellers, along with TA Associates which has sold its entire minority stake. First Eagle manages about $100 billion in assets on behalf of institutional and individual clients.
- Blackstone and Corsair Capital invest in First Eagle
New York private equity firms’ investment provides an exit for TA Associates after an eight year holding period
- Caledonia’s 7IM buy its last in wealth management for now
Caledonia is acquiring the wealth manager for £75m in equity and £25m in debt
- Blackstone, Corsair in talks to invest in First Eagle -- Reuters
Private equity firms Blackstone Group LP (BX.N) and Corsair Capital are in talks to acquire a major stake in First Eagle Investment Management, valuing the company at around $4 billion, including debt, sources told Reuters News.
- PE-backed NoteMachine acquires Eurochange
NoteMachine, which is backed by Corsair Capital, has bought Eurochange. No financial terms were disclosed. Based in the UK, Eurochange is a provider of specialist foreign currency and international payment solutions to retail and business customers.
- Corsair Capital leads $50 mln Series D funding in Personal Capital
Personal Capital, a digital wealth management firm, has raised $50 million in a Series D funding round. The funding was led by Corsair Capital, as well as BBVA Ventures and USAA. Existing investors IVP, Venrock and Crosslink also participated. Jeremy Schein of Corsair will join Personal Capital's board.