Corsair related stories
All articles and analysis
Reuters - Centerbridge Eyes RBS BranchesU.S. private equity firm Centerbridge Partners is interested in the 315 UK branches being sold by state-backed Royal Bank of Scotland, writes Reuters. Sky News, which first reported the interest, said Centerbridge had joined forces with another buyout firm - Corsair Capital - in recent weeks, but that it was unclear whether the duo would make a formal offer for the branch network, writes Reuters.
- Corsair eyes finish line for fundraise
The financial services-specialist has collected more than $900m but will need an additional fundraising extension from LPs to get to its $1.5bn target.
- FIG deals present ‘once in 50 years’ opportunity
Discounted valuations for financial services providers offer potential returns that outpace all other industries, according to a new study by Corsair Capital.
- PineBridge appoints former UK trade minister
Former StanChart CEO and trade minister Mervyn Davies will advise the firm’s senior management team.
- Maven recruits former treasury minister
Ian Pearson, the former Labour economics and business minister, has joined Maven Capital Partners to help lead the firm's new expansion strategy.
- Corsair hires former UK trade minister
Former StanChart CEO and trade minister Mervyn Davies will source European deals for the firm, which counts StanChart as an 'important' LP.
- Corsair targets $2bn, defends placement agents
The firm has for the first time hired a placement agent to help it get access to public pensions, and has decried a potential ban on placement agent activity.
- FDIC establishes rules for private equity bank buyouts
The US banking regulator scaled back its proposed rules, easing certain requirements that had attracted industry criticism including Tier 1 leverage ratios.
- Blackstone, Centerbridge offer alternatives to FDIC rules
Lower capitalisation levels and shorter hold periods are among the changes to proposed FDIC bank ownership rules offered by a group of private equity firms.
- TUMBLING PIPES
Financial sector stocks have fallen, causing many to wonder whether a handful of high-profile private equity deals were ill-timed.