# Corsair Capital Management, L.P. > Corsair Capital Management, L.P. is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026. - CRD: 157029 - Filed as: CORSAIR CAPITAL MANAGEMENT, L.P. - Registration: SEC-registered investment adviser (status as filed: Approved) - Location: New York, NY - Filing period: October 2026 - Form ADV filing dated: March 31, 2026 - SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157029 - AdvisorCensus page: https://advisorcensus.com/firm/corsair-capital-management-l-p-new-york-ny-157029 ## Quick answers **How is Corsair Capital Management, L.P. compensated?** On its Form ADV (Item 5.E, October 2026), Corsair Capital Management, L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. **Where is Corsair Capital Management, L.P. located?** Corsair Capital Management, L.P.'s principal office is in New York, NY, according to its Form ADV. **Is Corsair Capital Management, L.P. registered with the SEC or a state?** Corsair Capital Management, L.P. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157029. **How much does Corsair Capital Management, L.P. manage?** Corsair Capital Management, L.P. reports $957,005,672 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary). **How have Corsair Capital Management, L.P.'s assets and staff changed since 2021?** In the Form ADV data for Corsair Capital Management, L.P.: Regulatory assets under management: $620,106,338 in the October 2021 data and $957,005,672 in the October 2026 data, up 54%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going. **What types of clients does Corsair Capital Management, L.P. serve?** By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6). **Does Corsair Capital Management, L.P. report any disciplinary disclosures?** Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157029 **Does Corsair Capital Management, L.P. state an account minimum?** Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum investment in the Private Funds is generally $500,000, provided that Corsair may accept lesser investments in its discretion, to the extent permitted by applicable law." **What changed in Corsair Capital Management, L.P.'s recent Form ADV filings?** In the April 2026 filing data: Regulatory assets under management went from $643,479,447 to $957,005,672 (+49%). ## From the Form ADV filing ### Compensation (Item 5.E) - A percentage of assets under your management - Performance-based fees - Other ### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026) - Account minimum: $500,000 (the brochure says it may be waived or negotiated) > The minimum investment in the Private Funds is generally $500,000, provided that Corsair may accept lesser investments in its discretion, to the extent permitted by applicable law. As stated in the firm's brochure. Fees can differ by service and may be negotiable. ### Regulatory assets under management (Item 5.F) - Total: $957,005,672 - Discretionary: $957,005,672 - Non-discretionary: $0 ### Clients (Item 5.D) | Client type | Clients | Assets | | --- | --- | --- | | Individuals (other than high net worth individuals) | 0 | Not reported | | High net worth individuals | 0 | Not reported | | Banking or thrift institutions | 0 | Not reported | | Investment companies | 0 | Not reported | | Business development companies | 0 | Not reported | | Pooled investment vehicles (other than investment companies and business development companies) | 6 | $957,005,672 | | Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported | | Charitable organizations | 0 | Not reported | | State or municipal government entities (including government pension plans) | 0 | Not reported | | Other investment advisers | 0 | Not reported | | Insurance companies | 0 | Not reported | | Sovereign wealth funds and foreign official institutions | 0 | Not reported | | Corporations or other businesses not listed above | 0 | Not reported | | Other | 0 | Not reported | ### Advisory services (Item 5.G) - Portfolio management for pooled investment vehicles (other than investment companies) ### Firm details - Registered since: 2012 (14 years) - Employees: 3 total, 2 performing advisory functions - Wrap fee program participation: No - Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11. ### Websites listed on Form ADV (Item 1.I) - corsaircap.com ## Assets and staff over time | Data period | Regulatory assets under management | Employees | Filing dated | | --- | --- | --- | --- | | October 2021 | $620,106,338 | 3 | March 31, 2021 | | October 2022 | $547,072,464 | 3 | March 30, 2022 | | October 2023 | $451,634,447 | 3 | March 31, 2023 | | October 2024 | $498,104,723 | 3 | March 27, 2024 | | October 2025 | $643,479,447 | 3 | March 31, 2025 | | October 2026 | $957,005,672 | 3 | March 31, 2026 | Regulatory assets under management: $620,106,338 in the October 2021 data and $957,005,672 in the October 2026 data, up 54%. Total employees: 3 in October 2021 and 3 in October 2026. ## Changes in the filing (last 12 months) ### April 2026 - Regulatory assets under management went from $643,479,447 to $957,005,672 (+49%). ## Source Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Corsair Capital Management, L.P. (CRD 157029): Form ADV filing data as of October 2026.