Corsair related stories
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Kelly, Nagaswami join Corsair as senior advisorsEdward "Ned" J. Kelly III, former Chairman of the Institutional Clients Group at Citigroup, and Ranji H. Nagaswami, ex-Chief Investment Advisor to Mayor Bloomberg's administration for the City of New York, have joined Corsair Capital as Senior Advisors. Kelly and Nagaswami will help Corsair identify and evaluate new investments.
- Corsair brings on former Citi exec, NY official
The New York-based private equity firm is adding to its advisory team
- Corsair hires ex-Citi executive, former New York official
Financial specialist Corsair Capital said on Thursday that Edward “Ned” Kelly, a former Citigroup Inc C.N executive, and Ranji Nagaswami, a former New York City official, had joined the firm as senior advisors, according to Reuters news service.
- Buyout shops study rescue of Co-op Bank
Private equity firms, including Corsair Capital, were approached to take part in a 400 million pound ($678.6 million) rescue fundraising for the struggling Co-op Bank, according to Sky News and a source familiar with the matter.
- RBS strikes pre-IPO deal for Williams & Glyn's
The Royal Bank of Scotland Group has agreed a pre-IPO investment in its Williams & Glyn's bank brand with a consortium of investors led by global financial services specialists Corsair Capital and Centerbridge Partners. The Williams & Glyn's business comprises 308 RBS branded branches in England and Wales; 6 NatWest branded branches in Scotland; the retail and SME accounts attached to these branches; the direct SME business and certain Mid-Corporate customers across the UK.
- Corsair group wins fight for RBS's 314 UK branches‑Reuters
A consortium led by private equity firm Corsair will pay 600 million pounds ($960 million) to be an anchor investor in 314 branches being sold by Royal Bank of Scotland (RBS.L: Quote, Profile, Research, Stock Buzz), Reuters reported.
- Private equity firms bid for Munder - Reuters
Private equity firms Thoma Bravo, Blackstone Group in partnership with Advent International and Corsair in partnership with Flexpoint Ford LLC have submitted bids for Munder Capital Management in a deal that could be valued at up to $400 million, writes Reuters. New York-based private equity firm Crestview Partners is looking to sell Birmingham, Michigan-based Munder after owning it since 2006.
- Private equity firms including Blackstone bid for Munder
Private equity firms Thoma Bravo, Blackstone Group in partnership with Advent International and Corsair in partnership with Flexpoint Ford LLC have submitted bids for Munder Capital Management in a deal that could be valued at up to $400 million, a number of sources told Reuters.
- Corsair front runner in RBS branch sale, say sources‑Reuters
A consortium led by private equity firm Corsair has emerged as the front runner to buy 315 branches being sold by Royal Bank of Scotland (RBS.L: Quote, Profile, Research, Stock Buzz), sources told Reuters.
- Francisco Invests $75 Mln in Corsair
Francisco Partners has made a roughly $75 million strategic investment in Corsair Components. Stifel advised Corsair. Fremont, Calif.-based Corsair supplies products purchased primarily by PC gaming enthusiasts who build their own PCs or buy pre-assembled customized systems.