Corsair Capital

Name

Corsair Capital

Legal name

Corsair Capital LLC

Website

https://corsair-capital.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Private Equity and Asset Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSANAEAA

Core Infrastructure Funds (Transport, Social, Digital, Utilities)

Financial & Insurance/Private Equity & Venture Capital/Real Assets Funds (Infrastructure, Real Estate, Energy)

SECONDARYFSANAFAF

Secondaries Co-Investments & Annex Funds

Financial & Insurance/Private Equity & Venture Capital/Secondaries Funds (LP Stakes & GP-led)

SECONDARYFSANAHAN

Corporate Strategic Real Assets & Infrastructure Venture Investing

Financial & Insurance/Private Equity & Venture Capital/Corporate Venture Capital (CVC)

Keywords

• Private equity investments
• Financial services investing
• Buyout investments
• Infrastructure investing
• Asset management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Fund Management Fees: Management fees from managing private equity funds across buyouts and infrastructure platforms
2. Carried Interest: Performance-based carried interest from successful portfolio company exits and investments
3. Co-investment Returns: Returns from co-investment capital alongside managed funds, with $5.9B in co-investment capital as of December 31, 2025

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Corsair Capital is a specialist private equity and infrastructure investment firm that manages capital for institutional investors through two platforms: Buyouts (control or material-influence investments in financial services companies in North America and Europe, focused on payments, software, and business services verticals) and Infrastructure (value-added investments in transportation and logistics assets globally via the Investcorp Corsair partnership). The firm provides growth capital, operational expertise, and strategic partnership to portfolio companies throughout the investment lifecycle, targeting enterprise values of $150–750 million.

Product overview

Corsair Capital is a specialist private equity investment firm offering opportunities across private markets through its Buyouts and Infrastructure platforms. The firm focuses on growing companies in North America and Europe that are at the forefront of the evolution of the financial services industry, specifically within the payments, software, and business services verticals. Corsair Capital does not offer a unified product platform but rather provides investment capital, operational expertise, and strategic partnership to portfolio companies operating in various sectors including integrated payments, B2B payments, vertical software, enterprise software, governance risk and compliance, human capital management, asset and wealth management, insurance services, and trust and corporate services.

Differentiator

Problem solved

Functional benefit

Products and services

• Corsair Buyouts Platform Private equity buyout platform making control or material-influence investments in growing companies in North America and Europe at the forefront of the evolution of the financial services industry, focused on the payments, software, and business services verticals. Targets enterprise values of $150–750 million. 13 current portfolio companies across 6 funds with $9.8B invested capital as of December 31, 2025.
• Corsair Infrastructure Platform (Investcorp Corsair) Infrastructure investment platform providing value-added platform investing in transportation and logistics assets, including airports, ports, and toll roads. Operates 27 current operating platform assets across geographies including Spain, Cyprus, Jamaica, Australia, Canada, and the UK. Managed as a strategic partnership with Investcorp (Investcorp Corsair) with $4.7B in infrastructure AUM as of September 30, 2025.
• Corsair European Insurance Services (CEIS) European insurance distribution platform established by Corsair to pursue add-ons and build scale in commercial insurance brokerage, anchored by the acquisition of MJM Holdings.
• Corsair Riva Multi-Asset Continuation Vehicle and Secondary Fund Continuation vehicle and secondary fund structure providing additional capital and liquidity for continued investment in portfolio companies IDnow, Redpin, and ZEDRA. Raised $600 million from institutional investors.

Quantifiable outcome

• $10 billion in assets under management
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Stone Point Capital: Specialist private equity firm exclusively focused on financial services, with comparable AUM scale and a similar portfolio mix across insurance, asset management, payments, and FS business services. Closest direct comparable to Corsair's buyout franchise.
• Aquiline Capital Partners: New York-based PE firm dedicated to financial services and technology, with overlapping verticals in payments, banking, and insurance. Closely mirrors Corsair's sector strategy and EV target size.
• Reverence Capital Partners: Financial services-focused middle-market PE sponsor with investments in asset management, insurance, capital markets, and payments infrastructure. Direct competitor for the same pool of FS targets.
• Lightyear Capital: FS-focused PE sponsor investing in asset management, insurance, payments, and specialty finance. Comparable fund size and similar control-buyout strategy in mid-market financial services.

Regional players

• Bridgepoint: European-headquartered PE firm with significant financial services exposure. Comparable mid-market deal size and operational value-add approach, though broader sector mandate than Corsair's FS-only focus.

Broad incumbents

• Apax Partners: Global PE incumbent with a dedicated financial services vertical and overlap in payments and software investments. Larger fund size but competes for the same control-buyout opportunities in Europe and North America.
• KKR: Global alternative asset manager with a substantial financial services private equity franchise across insurance, payments, and asset management. Competes for larger FS deals and platform M&A that may involve Corsair targets.

Emerging players

• Thoma Bravo: Software-focused PE firm that increasingly targets financial services vertical software opportunities. Competes with Corsair's software thesis within FS, though at larger EV sizes.
• Vista Equity Partners: Enterprise software-focused PE sponsor competing for the same FS-software targets as Corsair's vertical SaaS thesis, though typically at meaningfully larger EV ranges.

Others

• Blackstone: World's largest alternative asset manager with a sizable financial services private equity practice (Tacit Capital-style investments). Frequently competes with Corsair for FS buyouts and previously co-invested with Corsair in First Eagle Investments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/corsair-capital

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A15 records

Investments15 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Corsair Capital