CORSAIR CAPITAL MANAGEMENT, L.P.

Based on the SEC 13F filing for Corsair Capital Management, L.P. for the period ending September 30, 2025, here is a comprehensive analysis of the portfolio's composition, activity, and strategic orientation.

1. Portfolio Overview

Corsair Capital Management manages a concentrated portfolio valued at approximately $432.29 million, spread across 108 holdings. The firm reported a significant decrease in total portfolio value of 17.2% compared to the previous quarter ($522.08M), a decline driv...